Moving very comfortably here and in a Cup formation and impulse wave.
Price is retesting the 50 Day MA this week but if there is a hold on this MA then I believe it can move higher to our Wave 3 target next at the 1.618 Fib and ultimately moving up to the Wave 5 target at the Top Blue line at $5.
The earnings reports started to turn positive and the share price reacted accordingly, so as long as this trend continues, the share price should look after itself.
Enjoy Jars
2025-01-06 23:33:20 +0000 UTC