$NEAR - A few key areas to buy/sell.

Long term bullish on this coin for my part. However, all are subject to corrections, near is no different.

I seen a lot of pennant drawings on CT in early Feb, but none of the breakouts really bore fruit.

The way I see it now is all this fuss was a huge flat+ low volume 5th, aimed at trapping as many bullish traders as possible before dipping down for what I predict to be a very deep ZigZag correction well under $2.00.

I do, however, expect a significant B correction to the upside in the neighborhood of .5 fib correction vs A.

This setup could take us well into April with a bounce in the $1.55 area.