Cup and handle target achieved.
0.5 fib retracement after initial pump from cup bottom.
Where to now?One of those fib extensions,
possibly at the 618 ,or 786 if bullish,
if bearish,maybe the 0,5 fib which also meets with the trendline resistance.
It may be good to buy on a dip.
0.5 fib retracement after initial pump from cup bottom.
Where to now?One of those fib extensions,
possibly at the 618 ,or 786 if bullish,
if bearish,maybe the 0,5 fib which also meets with the trendline resistance.
It may be good to buy on a dip.