If price breaks the weekly resistance zone in blue, price could continue up to the $10 level, before giving a retracement. Long term getting to the $11-$13 range before toping out at the $20 range.
If price breaks below the $6.80-$6.50 level and breaks the up trend line, we could see a deeper retracement, before moving back up to top out at the $10 level.
If price breaks below the A boundary, we could see price move lower.
* this is not taking in to account any bankruptcy news. This news will expedite any of these scenarios.*
* If the bankruptcy news is positive we could see that break of the weekly resistance zone.*
* If the bankruptcy news is negative, then we will see a break to the downside and the A boundary will be broken.*
If price breaks below the $6.80-$6.50 level and breaks the up trend line, we could see a deeper retracement, before moving back up to top out at the $10 level.
If price breaks below the A boundary, we could see price move lower.
* this is not taking in to account any bankruptcy news. This news will expedite any of these scenarios.*
* If the bankruptcy news is positive we could see that break of the weekly resistance zone.*
* If the bankruptcy news is negative, then we will see a break to the downside and the A boundary will be broken.*
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.