Capital Appreciation depreciating to 80centsIf there is one thing to learn with this analysis it's this.
Each and every market moves up, down and sideways - Given.
But if you scrutinise at the movements and timing you'll see something deeper.
That each market has it's own personality, vibe and structure.
FOr example, we know with this penny stock the liquidity is low along with the volatility and volume.
And since 2021 it's performed similarly. It moves into a Desending triangle, breaks below, consolidates and repeats the process.
SO when you see this market, you just know it's Capital Appreciation...
Well right now, if history repeats itself, we can expect another Descending triangle along with downside to come.
The next target then will be 80 cents. Let's see how it plays out.
