We calculate the beginning of the bullish cycle from 23 March 2020 to the minimum of the covid crisis up to the visible Double Top of March 2022.
2-year cycle of large upside with an extension between the minimum and maximum points of 256%.
We are well under way to gain momentum towards new RECORDS
The Fibonacci 50% and 61% media area are very effective and well protected solid supports.
Target:
TP (Take profit)
161% for the price of $ 261 (+ 100% approximate)
Two large supports:
S1)
Support 1
between $ 137 $ 145.
On average 100 a week
at 61.80% of the Fibonacci retracement.
S2)
Support 2 $ 117
On average 200 a week
at 50% of the Fibonacci retracement.
LPI.sa
2-year cycle of large upside with an extension between the minimum and maximum points of 256%.
We are well under way to gain momentum towards new RECORDS
The Fibonacci 50% and 61% media area are very effective and well protected solid supports.
Target:
TP (Take profit)
161% for the price of $ 261 (+ 100% approximate)
Two large supports:
S1)
Support 1
between $ 137 $ 145.
On average 100 a week
at 61.80% of the Fibonacci retracement.
S2)
Support 2 $ 117
On average 200 a week
at 50% of the Fibonacci retracement.
LPI.sa
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.