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Consider good enough hit highest prices 0540 and start to pull back.
Based Weekly candle,
Low>0.100
high>0540, almost 435% ROI% by them.
in order to make valid pullback and bull,it shall pull back with at least 50%>0320.
Just take a look on monthly candle,they start to accumulated long time ago,with 430% ROI,how much they gain?
Small retailers start to chase the highest prices while they're taking profit.
well, Let's see
GL!!
Bull still intact,
the prices fell with the lowest 0375 and bounced back to the current price,
With current momentum,it should break 0540 tomorrow and make another new high with the nearest TP:0700 lvl>>Base on D1/W1
Monthly view, Still long journey to go with sky TP:Rm1.00
btw, all depends on market sentimental and traders/investors for this stock.
shall do self study & trading plan b4 join this war..
Well, Let's see..
GL!!!
Wonderful,
Healthy pull back and cont upwards..
Tomorrow shall be above 0600 to hit next TP 0700 lvl...
Once hit,it shall start to retrace back at least 50%(Last high 0540 retrace to 0390 lvl)
Those who have prices during the retraced phase,Enjoy the ride and aim for high TP..
Well, let's see for 0700 journey..
GL!!!!
@jiawen
Previous 0540 strong rst,today broke with highest 0640,
prices fell and retest with low 0490 and close 0510.
mean,Seller win today and candle show significant reject to fly.
Prices should be stay above 0540 lvl in order climb further,
otherwise,it may continue retrace/fell again.
@emopv5 , your view and opinion are good, keep it up , unfortunately today the volume is too huge , so have to retrace down before going to 0.70 as you mentioned.
@jiawen
to fly,prices shall stay above 0550 lvl.
to retrace further,once broken today low it will retest to 0390(double bottom) and will retest previous rst 0540(it will form an HnS pattern already)
@sky light
Retrace is Ok,but now prices reject from higher today and close below rst 0545 lvl..
Possibility,prices will retest 0390..
if above 0550,no issue to make another high 0700+
*Information based on Daily candle+Fibo*
well, let's monitor next week..