InvestorsHub Logo
Followers 146
Posts 2562
Boards Moderated 0
Alias Born 11/12/2010

Re: Michi 1968 post# 12947

Monday, 01/31/2022 6:25:33 PM

Monday, January 31, 2022 6:25:33 PM

Post# of 13032
W Charts Don't Lie...

It is a very good possibility we continue up the right side of the W and blast off to $2 with 40-50% more volume then average.

IF that happens and we go thru $1 and 2$ with 40-50 % volume added the continuation of the W leg takes us to 4$. (To complete the W)

If there continues to be 40-50% added volume at the 4$ level then you add the difference between the high and the low. $4 - .218 = $3.782

W patterns will easily add this difference to the top part of the right side $4 + $3.782 = $7.782

Sometimes W patterns add 3X this difference but lets say conservatively
2X $3.782 = $7.564 added to $4 = $11.564

Keep in Mind the last time it broke out of $2 on 12/1/18 it raced to $11.19 in 5 Weeks on 1/9/18 !

So It's Possible!


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CANN News