Offsetting the fib channel from my previous chart shows that this golden ratio channel is currently strong support. If this trendline continues hex would reach $17 before EOY
Note
Edit: Experimental idea, these channels are almost vertical rather than horizontal. View some of my other charts for variations on this idea.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.