Todos Med Ltd (TOMDF)

[foxi]

Loving the look of this chart setup. :)

Warning: this post contains charts. Skip it if you don't believe in charting the OTC. (You'd think the disclaimer wouldn't be necessary but yeah...)



Tricky to illustrate, but we're looking at a possible inverse head & shoulders pattern as part of a much bigger inverse head & shoulders. The rules for these patterns say profit targets should be .06 and .10 respectively. (I put boxes around them on the first chart. They're visible both in daily candles and RSI.)

https://www.investopedia.com/terms/i/inverseheadandshoulders.asp

And what's also significant about .10? That's the profit target for the falling wedge as well!

https://www.investopedia.com/terms/w/wedge.asp

GLTA