Such a great example for ratio confluence area!
Point Q, is at the confluence of 1.618 AB extension, 1.272 CD extension, 1.618 DE reverse extension!
Stock price has rallied more than 7 times from the bottom in 2 months. Current price of $2.30 area is a resistance that it needs to cross. If it does, there is another 100% upside potential.
Looking forward to see how it performs next week.
Point Q, is at the confluence of 1.618 AB extension, 1.272 CD extension, 1.618 DE reverse extension!
Stock price has rallied more than 7 times from the bottom in 2 months. Current price of $2.30 area is a resistance that it needs to cross. If it does, there is another 100% upside potential.
Looking forward to see how it performs next week.
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