Spacs
The Quantum Escape 🚀We must be clear that when it comes to atoms, language can be used only as in poetry.
-Niels Bohr
A dormant monster, great chance will rally 60% up.Last time this was oversold we went up 60%. Will it do the same this time? If it does will touch previous high of $24.
I like the chart because we have coiled up inside a triangle consolidating so the move should be explosive to the previous highs. The consolidation inside the triangle also resembles as W for Winner so more chances for this to complete the letter W which also goes to $24.
More to go on this one!IPOD is having a momentum. We don't even know who we are merging yet with but all Spacs are now a sure win if we wait patiently.
Each time it corrected was oversold as you seen in the image. First time it corrected till the 20 day moving average, second time it corrected more so the move back up will be more. It formed a clear support and has rebound. If it manages to go back inside the channel than we might touch the upper resistance and correct again.
If correction will stay within the channel when that happens it will be very bullish and may break the resistance.
