as you can see this thing has based and had some aborted breaks in the last year or so. Ive noticed a nice low cheat volume pattern entry setting up on a close above 44. Then we'll see if it can test some of the fib levels above.
Nice round bottom formng, my favourite pattern.
Coudln't quite breakout this arvo but the interest is there.
51 & 54 look like key levels to confirm a new uptrend.
Trading range compressed after the initial breakout move in 2020 and we have now had a breakout of the pennant zone.
Length of the flag pole to the top of the pennant is 0.05; giving a significant price target of 0.1.
Lots of news catalysts that support this breakout.
Justin Miller has got 2.54 m as debt,it seems like they are using the debt properly so far,but until 20 jan 2021 they have time to reach 0.070,if they do that the next three movement will be like what I have drawn! This company has two crucial numbers which everyone has to keep an eye on them: 0.070 and 0.100!
Cup and Handle formation, awaiting a break out if bulls can regain control.
Long term resistance at $0.043, if it can break through, next resistance level is at $0.055.
RSI showing a bullish bias holding multiple retests on the 50.
Target Buy Price: $0.045 - just above resistance
Target Sell Price: $0.055 or $0.063 if it can break that second resistance...
Share price value has been falling for a while and still no sign or a signal of some sort of reversal to the upside. However, Share prices closed at a critical price point at 0.090 support in the last trading session.
There are Four critical price points that I would like to point out for future references.
1. 0.090 - Prices need to break and hold above this...
