Polymesh (POLYX) - Bull flag confirmation

On the above 2-day chart price action has corrected 50% since last October. Now is a good long moment. Why?

1) Price action and RSI resistance breakouts.

2) Support on past resistance confirms. (green circles)

3) The Bull flag confirms forecasting a 150% move to 45 cents.

Is it possible price action corrects further? Sure.
Is it probable? No

Ww

Type: trade
Risk: <=6%
Long from: 20 cents
Return: 150%

Trade active

Comment:

support confirmed

Comment:

Questions already, that last update should have read:

"GRM support confirmed"

In a bull market longs buy the dip at the golden ratio. Just psychology.
This is what the update "GRM support confirmed" refers.
It is an incredibly powerful indication that the uptrend is in continuation.

Comment:

Price action is up an additional 200% since the last update of GRM support confirmation. What Kind of Sorcery Is This?!

Trade closed: target reached:

300% instead of 150%.