Can it keep going? Technically, yes. I see numbers up to $40.
However, I'm posting this because I see this idea as far more likely to occur is some form.
It looks like a potential top is about to occur.
At these levels, with momentum, a drop could take price as low as $4. If not lower, down to $2.
It's hard to be bullish on this stock with a chart like this.
In...
There are a variety of risks to consider when investing in AT1 Contingent Convertible bonds (affectionately known as ‘CoCos’). These financial instruments, issued by financial institutions, may appear peculiar on first inspection but, once you get to know these quirky financial instruments better, you will better appreciate their unique risk/return profile.
CoCos...
#EURAUD break the HS pattern is now under the neck line and i'm looking for more down side messure move of the pattern gives me 1.4100 as target, i'm risking 140pips for a possible gain of 700 pips.
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