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Re: Parrot$93 post# 17098

Wednesday, 03/17/2021 8:56:30 PM

Wednesday, March 17, 2021 8:56:30 PM

Post# of 24829
The SMA 50 is going to start ascending more rapidly starting on Friday. Right now candle #50 is still in the .01s dragging the average down. I expect .04s to become new floor support within 5-8 sessions at this rate. Chart wants to stretch to .074 and then then confirm .04 as the new floor before reaching higher. It's not rocket science or guess work just a channel trend since breaking out of the 6 month downtrend.

I see the .13 / .36 price targets as well within reach for 2021.