Our post on SEI from December 8th, we were monitoring a breakdown and retest from its triangle pattern. In that post, I said I would make a follow up once the breakdown target is reached and here we are! Also, Here is a link to that previous prediction:
Our measured move breakdown target was $0.44-$0.45. Price is a little lower than that now but the first target has been reached. If we do drop lower we could see $0.40 followed by support at the 200MA.
These targets were also mentioned in this post if price was to break the $0.50 level (which it did). Hope these charts help!
Our measured move breakdown target was $0.44-$0.45. Price is a little lower than that now but the first target has been reached. If we do drop lower we could see $0.40 followed by support at the 200MA.
These targets were also mentioned in this post if price was to break the $0.50 level (which it did). Hope these charts help!
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