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faithabides

08/23/19 6:10 PM

#168329 RE: Spumoni #168328

If you are in to .52, you might as well be in to .70+. A close above .507 ATH will get us .80 or more. So, I say .70+ just to start edging out before the crowded sell. I would expect .80-.99 with pullback back of 30%-50% based recent action. But, the news could dictate a smaller pullback of 20% with a rise above $1. Just need to see the news and corresponding volume to know what we have.

Do a search on bullish rectangle and see the minimum upside target for selling. The traders use this. This is our 6-month chart pattern.