Fibonacci chart for PHOT.....
Today was CRAZY!!!
Bad news first....
1. I was too busy to flip at the 1:1.4 mark, and buy back at .18. I could have accumulated more shares for the VOLT.
Great news:
1. We finished the ABC and already started a new one, all in one day....AMAZING
We retraced the 50% to .175 and bounced back up like an animal with tons of buys!!! This sets up the NEW ABC UP.
So the new A is .175 and a 1:1 it goes to .307; and a 1:1.4 goes to .36. So the new range is .307-.36!!!!! Remember once again the volume has to be over 79 million when we pass .25.
With next week's anticipation being at it's highest(GIFT CONTRACTS, MERGER, DETAILS ON VOTE, etc) IMHO I feel we will hit those numbers next week. Of course with some substance in the PR's.
2. THE CHANCES OF GOING PARABOLIC AND STAYING NEAR THE TOP ARE SO MUCH GREATER WITH TODAY'S PERFORMANCE. When I say parabolic, I mean it needs to pass .40+