First target is around $34,50 usually i don't use the FIB but it's matching with the resistance. If the market stays like this we should hit.
It also looks like a head and shoulders pattern by then, so keep this in mind when hitting our target.
I don't have a position but i'm waiting to get a starter, currently downtrending and i see around 8$ incoming. Waiting for the reversal of the downtrend with volume for conformation.
Market still weak IMO
Expecting a breakout of the falling wedge after approval. Market at the moment is still weak with SPACs being slaughtered.
End of March would be perfect for a major breakout due to merger approval and dropping Covid numbers.
