Rgsport, don't even think to call her real name!!!
Been accumulating since the very beginning with clear chart pattern of cup and handle and possible inverted HnS on the right-hand side of chart (the classic accumulation pattern)
This study is a little bit too optimistic by taking PnF TP all the way since end of 2018 till date as seen in the chart
Grand PnF= 25x0.01x3
= 0.75
TP consv = 0.32 + 0.75(50%)
= 0.695
TP2 = 0.32 + 0.75
= 1.07
Currently she just seems to be done JAC and a breakout from the Accumulation Trading Range. Bright side, she stay above the Creek for longer period now compared to previous few breakouts. So, very high chance she is now forming the LPS before the Mark Up phase.
LPS intact as long as she doesn't break 350-360 support level (RBS)
This study is a little bit too optimistic by taking PnF TP all the way since end of 2018 till date as seen in the chart
= 0.75
TP consv = 0.32 + 0.75(50%)
= 0.695
TP2 = 0.32 + 0.75
= 1.07
Currently she just seems to be done JAC and a breakout from the Accumulation Trading Range. Bright side, she stay above the Creek for longer period now compared to previous few breakouts. So, very high chance she is now forming the LPS before the Mark Up phase.
LPS intact as long as she doesn't break 350-360 support level (RBS)