everyone needs to calm down here on these astronomical price outlooks lol $10 would put them trading at 236x their 2018 revs and $5 would put them trading at 118x their 2018 revs. No way either is happening this year even on hype. Reasonably this can hit $1-$2 on hype and a fair forward looking price would be $0.50 giving them 10x this year revs. Before any of this is to happen we need to establish some support, form that higher low on a longer term time frame (1hr, 4hr, daily) cool off RSI levels, then break to form a higher high on the daily for the trend change to be completely confirmed. With those things done it confirms a longer term trend change and removes any doubt from here on out. We just need healthy chart action essentially. I personally would love to see a daily bull flag form until any news is released.
This is my opinion and outlook. Good luck to all longs here.
Trust charts because charts do not lie
