PATH - Go in the direction of the WINDOW!PATH - CURRENT PRICE : 17.14
The Japanese Candlestick theory refer to what we call in the West a gap as a window. Whereas the Western expression is "filling in the gap," the Japanese would say, "closing the window."
A rising window is a bullish signal. There is a price vacuum between the prior session's high (that is, the top of the upper shadow) and the current session's low. It is said by Japanese technicians to "go in the direction of the window." This is because windows are continuation signals. Consequently, with the emergence of a rising window, one should look to buy on dips.
PATH has formed three rising windows (gaps upward) in just two weeks that remain unfilled. This pattern suggests strong demand and sustained bullish momentum. Each window shows that buyers overcame sellers before the prior candle closed, reinforcing confidence in the trend.
Furthermore, a Golden Cross has formed for the first time in a long period (look at blue circle), where the 50-day EMA has crossed above the 200-day EMA — a classic long-term bullish confirmation. Notably, the last occurrence of this pattern was in November 2023, making this the first reappearance in over two years, further reinforcing its significance as a potential turning point in market sentiment.
For short-term target is 20.00 and 24.00. For position trader that holds for several months may target around 30.00. Investors holding for approximately one year, the target is 50.00.
ENTRY PRICE : 16.80 - 17.20
FIRST TARGET : 20.00
SECOND TARGET : 24.00
SUPPORT : 14.77 (the low of 08 Oct 2025 candle) - cutloss if price close below support level on closing basis.
