EZPW
Key levels: Channel 7.59 - 9.52; then Channel 9.52 - 12.42
A chart I have been watching for potential in early 2019. We will see how this key level tests at 7.59 as possible support and bounce above... however below we are not interested for at least 2-4 months.
Plan:
7.52 support holds ( 2 - 5 days)
mid channel tests around ~8.91 ( 2 - 3 days)
Top of channel tests 9.52 ( 10 - 15 days)
Consolidation around 9.52 taking either 1 - 2 months to gather, pending no catalyst.... with a catalyst we could see the move in half that time to enter channel 9.52 - 12.42. Key note for the second channel the ranged resistance 11.73 - 12.42.
Key levels: Channel 7.59 - 9.52; then Channel 9.52 - 12.42
A chart I have been watching for potential in early 2019. We will see how this key level tests at 7.59 as possible support and bounce above... however below we are not interested for at least 2-4 months.
Plan:
7.52 support holds ( 2 - 5 days)
mid channel tests around ~8.91 ( 2 - 3 days)
Top of channel tests 9.52 ( 10 - 15 days)
Consolidation around 9.52 taking either 1 - 2 months to gather, pending no catalyst.... with a catalyst we could see the move in half that time to enter channel 9.52 - 12.42. Key note for the second channel the ranged resistance 11.73 - 12.42.