Justfrank. Are you sure that trend line is drawn correcly ? Just asking cause i see it different line but i don't know how to draw it. It's hitting 5.53 red candle then hitting lower highest red cadle then 2.40 then going down close but that candle did not hit it YET IMO.
Also check this out guys. That't another TA confirming so far $1.00-$1.06 price target which they said it's excelent.
TARGET 1 POTENTIAL Excellent, there are 1 resistance areas on the way to Target 1. Stocks may quickly rise to Targets when there are not many resistance areas blocking the way.
TARGET 1 RESISTANCE Current price at resistance: 1.47 ± 0.09, type single, strength 5 +9.9% at 1.66 is Target 1
TARGET 2 Price: 1.84 Profit: 21.9% , Profit/Loss Ratio: 1.9 : 1 - Poor for an extreme rally.
BREAKOUT None.
Downside Trade Trade indicators for short trades. Downside Trade & Breakdown Help
TARGET 1 Price: 1.05 Profit: 30.5% , for a typical pullback. Cover Limit/Trailing Cover Limit: 1.66 Loss: 9.9% Profit/Loss Ratio: 3.1 : 1 - Good
TARGET 1 POTENTIAL Excellent, there are 1 support areas on the way to Target 1. Stocks may quickly fall to Targets when there are not many support areas blocking the way.
TARGET 1 SUPPORT -17.9% at 1.24 ± 0.07, type single, strength 3 -30.5% at 1.05 is Target 1
TARGET 2 Price: 0.89 Profit: 41.1% , Profit/Loss Ratio: 4.2 : 1 - Excellent for an extreme pullback.
BREAKDOWN None.
And as Jack always says: "You can't handle the truth! Son"
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