So we have started the retrace on BIOARTIC.
For now I'm sticking to my previous target of around SEK 80,-, the fib 0.618 and strong horizontal support (green circle).
There is a good chance we'll have a little move up today to retest the support we just broke, filling the gap that was left behind (grey line), before heading back down again.
My theory becomes invalid the moment we break that black downward arrow.
For now I'm sticking to my previous target of around SEK 80,-, the fib 0.618 and strong horizontal support (green circle).
There is a good chance we'll have a little move up today to retest the support we just broke, filling the gap that was left behind (grey line), before heading back down again.
My theory becomes invalid the moment we break that black downward arrow.
