* Initial peak at the end of 2021
* Sharp retrace (automatic reaction) followed by quick rally into the secondary test
* Sharp fall again on most bearish volume in that period
* Long phase B of about 12 months
* Down moves so much quicker than the up moves
* Distribution occurring through this period
* Ultimate high in April 2022 forming an upthrust after distribution
* Very weak retest to complete Phase C
* Rapid decline in price from $57 to $37 approx in Phase D sell off
* One last rally to $47 approx
* Back up to the creek and upthrust to complete Phase D
* We should now start the Phase E mark down.
* P&F target is $10, conservative target $21
* This is my analysis of the stock. DYOR before making trades.
* Sharp retrace (automatic reaction) followed by quick rally into the secondary test
* Sharp fall again on most bearish volume in that period
* Long phase B of about 12 months
* Down moves so much quicker than the up moves
* Distribution occurring through this period
* Ultimate high in April 2022 forming an upthrust after distribution
* Very weak retest to complete Phase C
* Rapid decline in price from $57 to $37 approx in Phase D sell off
* One last rally to $47 approx
* Back up to the creek and upthrust to complete Phase D
* We should now start the Phase E mark down.
* P&F target is $10, conservative target $21
* This is my analysis of the stock. DYOR before making trades.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
