From a high timeframe outlook, ONTX looks primed and ready to go. However, as a rule of thumb I do not chase up markets. Sure, the price can keep going up but there are ALWAYS other opportunities that can be capitalized upon with cleaner entries.
A retest and continuation of the 0.382 fib would be the most aggressive and likely realistic entry. Failing that, a drop down to the 0.618 fib would be nice too.
Good luck!
Hit the LIKE button if you find my analysis valuable and want to support my channel. Follow to make sure you don't miss any future trade ideas.
A retest and continuation of the 0.382 fib would be the most aggressive and likely realistic entry. Failing that, a drop down to the 0.618 fib would be nice too.
Good luck!
Hit the LIKE button if you find my analysis valuable and want to support my channel. Follow to make sure you don't miss any future trade ideas.
Komen:
Monthly chart, absolutely beautiful.
