JamesPowell
i believe your target will be met now myself.
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JamesPowell
No point i guess. New here. All those patterns i dont understand are interesting. I see a reoccurring pattern on your chart but not conventional patterns i guess. You made a great call. I was just making an observation on your chart because i liked the stock. If i may, do you trade full time?
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JamesPowell
this a cool stock. Nice spread on the options. Its in a down trend. The RSI hinted at practically every pullback. Quite possibly a setup for a bull trap i believe its called. Price may nudge on up to around $14.64 and then reverse back about a buck. Previous support frequently becomes resistance right? Down trend? Hi RSI?This is a good bet at least for a short term reversal down to the high of January 30th.
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KLang
JamesPowell
Not really sure what your point is. I'm pointing out a pattern with a measured move and the target. If you look at the previous chart, you'll see price met target of a bullish reversal harmonic, which is where I entered and am up 10%. I expect the measured move will be hit.
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rocko1492
Great stuff for newbies ! thanks rocko 1492
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cld92000
Thank you
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