1. we see Head & Shoulder form as marked by S-H-S on the chart.
2. with pearcing candle pattern w:P and bullish engulging candle W:BE form on the left shoulder. it for a long term support base.
3. we see few weeks ago where doji candle reject the long term support base which also forming the right shouder (potentially)
4. this bring us to the final clue: my fibonacci projection. will the price rally to $9.93 as shown in the chart?
2. with pearcing candle pattern w:P and bullish engulging candle W:BE form on the left shoulder. it for a long term support base.
3. we see few weeks ago where doji candle reject the long term support base which also forming the right shouder (potentially)
4. this bring us to the final clue: my fibonacci projection. will the price rally to $9.93 as shown in the chart?