(INXR) Might need a couple more days.. Saw the similar double-top out of the ascending channel pattern on the NVMG hourly on its first recent run up. Needs close of >= .0019 today to look good.
If INXR's to recover, it could do so in the form of a handle to this cup which would also look like an extended ascending tri.
If it drops, however, a nice horizontal channel will likely be formed between .0012 and .002. Should be a party for swing-traders. Wait for confirmation of support at .0012 to confirm the channel's in play.
I could definitely be wrong.. looking forward to seeing it play out. :)
If INXR's to recover, it could do so in the form of a handle to this cup which would also look like an extended ascending tri.
If it drops, however, a nice horizontal channel will likely be formed between .0012 and .002. Should be a party for swing-traders. Wait for confirmation of support at .0012 to confirm the channel's in play.
I could definitely be wrong.. looking forward to seeing it play out. :)
* I'm always learning about these lines, indicators, fibbies, hammers, and tops. So, if you know something I don't, by all means correct me when I'm wrong. Thanks.
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