Could also reach that full breakout target much sooner to but the trajectory of the measured mvoe line were it to validate the breakout above the rimline around the arbitrary spot I placed it at has the end of the measured move line in the year 2046. With the right scenario playing out on the global stage a price like that is possible much sooner even, and there’s...
Just posting an updated version of this Also going to post a 1 month timeframe version of it and a weekly timeframe version of it to keep track of how it develops. We can see 3 main targets should the entire pennant be validated and not just the symmetrical triangle. First one is 10 dollars, then 33, then 609. These amounts can of course change somewhat depending...
So I basically took a trendline on the 3 month chart and connected the 2 bottom wicks on the most prominent red candles for the bottom trendline of the channel…I then cloned that specific trendline and placed the left side of it on the highest green candle wick for a top trendline to the potential channel low and behold our current 3 month candle is very very...