-- DISCLAIMER --
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH. THIS INFO FOR ENTERTAINMENT PURPOSES ONLY.
--
Hi there, I have a small update on my chart that kind of changes my expectations for the shorter term, however I think the
4.5 price target is still valid.
Today, The Graph was rejected at the previous support turned resistance (I drew it in orange and blue, so you can see it) and looks like
it is heading lower to .8 then bounce off of the bigger support line (lower green one) then move toward $1.5 for starters, unless it can
manage to break resistance at $1.03 in which case there won't be a pull back to such low level.
We can also see an ascending triangle taking form between the bigger green support line and the resistance drawn in orange/blue, so for
me, however you look at it, it is extremely bullish. If it goes to $.8 I will definitely be buying more, and I will be buying more
if it breaks resistance this week and retests the resistance as support.
Thanks a lot for your time, I hope you like and agree with my idea, please let me know what you think, your feedback is much appreciated.
Bye bye
I AM NOT A FINANCIAL ADVISOR, DO YOUR OWN RESEARCH. THIS INFO FOR ENTERTAINMENT PURPOSES ONLY.
--
Hi there, I have a small update on my chart that kind of changes my expectations for the shorter term, however I think the
4.5 price target is still valid.
Today, The Graph was rejected at the previous support turned resistance (I drew it in orange and blue, so you can see it) and looks like
it is heading lower to .8 then bounce off of the bigger support line (lower green one) then move toward $1.5 for starters, unless it can
manage to break resistance at $1.03 in which case there won't be a pull back to such low level.
We can also see an ascending triangle taking form between the bigger green support line and the resistance drawn in orange/blue, so for
me, however you look at it, it is extremely bullish. If it goes to $.8 I will definitely be buying more, and I will be buying more
if it breaks resistance this week and retests the resistance as support.
Thanks a lot for your time, I hope you like and agree with my idea, please let me know what you think, your feedback is much appreciated.
Bye bye