On the previous analysis I was expecting for the price to react on the standard Gartley patten that corresponds to $6.84. After price reached that zone we can see only a small pullback and a downward movement again. Now the price is at the limit of the harmonic pattern and the support zone looks really strong. Watch for price reversal before joining the trade. Please use strict risk management rules.
Targets: $8.14 $9.66 $10.90 $12.13
Thank you and Good Luck!
🛑Disclaimer🛑: The content on this analysis is subject to change at any time without notice. Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. This is not a financial advice.
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Price is up 14% from the retest of the zone. Please manage your risk and close profits during the upward movement.
Bro Dont u think that it will further go to 4.39 as it strongly reversed at that point before ? I did not get why it became very bearish in spite of 2 PR from the company. Many people claim this company as a scam. do u personally believe this company growth ? Hope to get answer bro. thanks for your effort and updates!
KlejdiCuni
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@Donik26, Hi I really appreciate your question. I am not watching for the company's growth as it comes with time and hard work. I like only the volatility of this stock as its shares are performing in the same way as Options do. So manage your risk and don't invest all your capital in only one stock. Hope I helped you with this answer. Thank you.