from 4 days ago. when you were laughing.
Ive been studying chart analysis for about 15 years now. getting pretty good at it. but nothing is perfect.
as long as it gets me in the ballpark,I'm ok.
It was a bubble pumped to 6 dollars, and needed to cool off. 4.70 was the target zone (4.60-4.70) that I forecasted. Now ,I'm looking for the bounce to hit resistance (5.25-5.40 and roll over and down another dollar, maybe. Target zone for the Fib math is 4.00-4.25 area. even a target around 3.85-4.00 area, but its trickier now. IF JNCE really has strong bullish momentum, it could recover and hold at 4.75 and retest 6, and not be looking to retest 4.
watching the resistance steps now.
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