I am doing this chart as a request from a follower. I have mentioned this asset previously when the cup and handle was still forming. The recent high transactional activity is what caught my eye as to it being a likely candidate for smart money investors. Though ONE might still be flying under the radar a bit, I figure it won't take them too long to catch on. ONE has made quite the comeback as of recent which I am happy to see since I believe it is a great platform. The Cup and Handle produce a target of roughly 0.40. This was calculated by taking the depth of the cup and adding it to the top of the cup. There is also a nice bull pennant which has pushed the price higher. I am sure this will move greatly in the coming months due to its strong fundamentals, high transaction rate, the accessibility of it, and the patterning. Thanks again!
評論:
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