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Post# of 196807
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Mdk1

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Mdk1

Re: M600 post# 96841

Wednesday, 03/30/2022 6:36:33 AM

Wednesday, March 30, 2022 6:36:33 AM

Post# of 196807
It could happen quickly ... 1 month, 2 months; in fact it depends on the moment the neckline of the (possible) W-pattern gets broken upwards (22 $). This resistance then becomes support. The moment this happens the way to 36 $ lies way open ...
Note that unfolded W-patterns (double bottoms) generally are quite powerful.
Also, if some ground-breaking news hits - what we all expect - this kind of TA could be worthless ... IF SO, such target(s) AND BEYOND could be reached in a blink of an eye

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