If the bearish rectangle breaks its support, the Trend-Based Fib Extension indicates a price target of $21.01
Once the Support Trend Line in Green is compromised, I would believe it could be a fairly rapid move down to $21.01.
Other possible target price targets:
$18.56
$17.28
$15.45
If the price starts to move towards $15.00 then I would be surprised if we hit $12.01
Once the Support Trend Line in Green is compromised, I would believe it could be a fairly rapid move down to $21.01.
Other possible target price targets:
$18.56
$17.28
$15.45
If the price starts to move towards $15.00 then I would be surprised if we hit $12.01
Trade closed: target reached