We have identified an A wave and a large B wave on the chart. From where we have entered on the chart "START" our big B wave has started
Wave B seems to be a diametric, with only its final wave, its g wave, remaining.
In the green range, you can look for buy/long positions.
We have specified the targets on the chart. Closing a weekly candle below the green...
Why Presearch is dumping so hard at the moment?
- The answer is because it has pumped so hard in the last couple of months.
- It has done 20x OMG 20x!!! from its June/July bottom.
- Current correction: -60% (so sorry for those who jumped in late).
- Bad news: It likely to go down 38% more target 0.1275 (I'm going to place my order around $0.127-$0.135, NFA)
-...
Looking for a 20%+ move from a bottom. The bottom could be now or when price goes through 250. I have a small bag and I'll add if price goes through 250, expecting a bottom between 215 and 244.
- Solid project if they can replace Google.
- Conservative Price would be $4 which is only 7x from here. MC: 800 million. 6x from ATH 2017.
- 1.618 Fib: $33 MC: 36 billion dollar 260X (unlikely).
NFA.
DYOR.
