This stock came upon my filter radar at least 3 weeks ago; the chart is as simple as it gets for this phase of price action.
I have found this time a great opportunity to accumulate as appears new foundation is being established prior to next move.
Take note of all comments and disclaimer on the chart
Constructive comments only. EES
I have found this time a great opportunity to accumulate as appears new foundation is being established prior to next move.
Take note of all comments and disclaimer on the chart
Constructive comments only. EES
Comment:
Correction: The eye of the storm is looking more like $0.057 and not $0.060
Comment:
Just a matter of Thyme. Appears that $0.06 will make for a great foundation for the future.
Comment:
Dropped to $0.03 and then finished the week above $0.06. Well done if you bought at the low. The bottom coincided with what I call the 3 point convergence of multiple channel patterns; in other words, it is a key pivot point zone of support.
Around the $.04 zone, price found major support on the M13 and W50 moving averages. With those items complete, the price action can move higher.
Am still expecting a $.78 to $.90 price target for this phase.
Around the $.04 zone, price found major support on the M13 and W50 moving averages. With those items complete, the price action can move higher.
Am still expecting a $.78 to $.90 price target for this phase.