breakout or down by 5-15-21

8 เม.ย. 2021

While I was optimistic that my last post a few months back would see a break out, we didn't. We retested the .61 fib band and have consolidated ourselves back up to the .38 fib levels. I sense we will continue consolidating and squeezing up the wedge that sees us with a good sized break out or break down happening around late April/early May. If it continues to trend sideways after that, I will consider the larger trend broken and would look to lock in profits. I'm realistically bullish that this could hit at least .60 by mid May but a loss of .265 would change my mind.