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Re: None

Wednesday, 09/16/2020 3:38:16 PM

Wednesday, September 16, 2020 3:38:16 PM

Post# of 34577
Marker makes a jump off the bottom zone

Finding what looks like a possible 'bottom' at the 1.45/1.50 area. in the current pattern. didnt hit the MOAB(bottom) 1.33 but close enough to call it the bottom zone. I'm looking at math targets for the pattern
playing out,to hit 1.80/1.85 target and pull back as a first wave. From there,IF it intends to climb the steps to make higher lows and higher highs, should need to hold support at 1.60-1.65 area. Targets at 2.40-2.50 are in this pattern,and finish targets not much higher than 3.00-3.20 area. Depending on news and momentum,how high can this go now,if the market sees a bottom here at 1.50. a double to 3 dollars is about all I can expect in the pattern. How could MRKR become so weak that it used to be 10 dollars and holding at 5 dollars,rising to 10 again, and now its looking like 3 dollars would be a major achievement that could get hammered all over again like last time. Science develops .toward its own success or failure, but the trading on wall street is another game. and the sellers took MRKR down to a 1.45 bottom. If the rally makes a double from here it reaches a strong resistance slam down zone again around 3 dollars. but first is the 1.85 area,then 2.20 and 2.40-2.50 target resistance. It could get hammered there as well. First clues are coming soon right overhead at 1.85. watch what it does there.
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