harry,the targets are in play....it can take time...nothing much to see now that looks odd. the stair steps are up and down and this 42 cent area is one of the key steps. the next ones are 45 and 48,but that could be 44 and 47 ...its all the same. The bigger targets with more pressure are above 48. in the 50's will be harder pressure at 50/53 before 56 becomes unbearable if thats overbought and one single rally I would anticipate seeing 56 get Hammered back down...alot depends on how the rally moves up, does it creep up slowly or does it blast up from some pumper newsletter or seeking alpha. It could blast to 56 and get hammered or it could gradually creep up to 62 before any shorters wake up and start slamming it.
Right now, 38-40 needs to become solid support. and then the next rally can get going.This 40 cent zone is just a pit stop. The first serious target is 50-53-56
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