TA: Trading the range, hoping for a wick down during weekend to enter around $0.38 and ride the wave beyond $0.60.
FA: 6 mil market cap. FET 2.0 for AI, powered by IBM Watson (partnership), beta testing for their digital asset protection program just closed, announcement coming soon as catalyst.
Risk Management: Microcap, volatile nature, I have a stop loss at...
I was inspired by the famous short seller Jim Chanos to put those targets for 2022.
Beside the Fibonacci retracement tool, i also used the Volume profile to see the big support lines.
Target 1: 113 usd
Target 2: 89 usd
IBM and some wedges and fib circles
Strange that a descending broadening has appeared rather than another falling wedge
This may change the outcome of the charts future
