I was looking at this breakout and waiting to see if we would break through the top of resistance at 7.53. We currently broke it but I was looking for a push through it. Looks like we are retesting this area. Once it breaks through I think we are on our way to test all time high at 8.40. If we break through 8.40 the flood gates will open and we are then in price discovery and a possible moon shot. I have mapped this out with elliot wave and the macro 5th wave could land us past 10 dollars. Use stop loss as always.
Note
*macro 5th could land us past 20**
Disclaimer
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.
Disclaimer
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.