Friday, July 21, 2017 8:16:32 PM
back when it was a more pleasant looking chart picture....
realistic technical analysis, doing this kind of charting using these Fibonacci tools, would look at this picture, and see the Fibonacci Retrace targets at 4.50 and 4 dollars....
but of course , back then, we were anticipating ahead of the April news to come, and it wasn't such a 'reasonable' idea to think that price would retrace to the 4 dollar target any time soon. ...But the target was there to be aware of.
half year ago, the price spent about 6 weeks sliding sideways ,along the 200ma area , setting a base,and setting up for the rally to come.
this portion of the old rally, is the same playing field happening now. many of these price points can be magnetically charged again.
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