meszaros

TMBR 271% rise may start

Long
AMEX:TMBR   Timber Pharmaceuticals, Inc

TMBR 271% rise may start.Based on my technical analysis , I assume that TMBR is in an accumulation range.Based on my technical analysis , I assume that TMBR is in an accumulation range. At the moment, it is seen to be on the verge of a major rise from the bottom of this range. You can see in the chart a fractal structure. The initial fractal accumulation band was 23%. The fractal currently under construction has also corrected 23%. In case the initial fractal is copied (the analysis assumes this) the price movement is currently copying a 271% rise. In case the assumption is correct the next target price could be : 5.66usd.