Scenario 1: Possible Short Term Breakout. Lowest possible price $17.35 highest price before breakout $18.65. The breakout Price is a target of $20.30.
Wait for signs of support before buy-in. (A bounce off the dotted Yellow trend line .)
Scenario 2: Medium Term Breakout. Lowest possible price $16.00 highest price before breakout $18.65. The breakout price is a target of $21.50.
Wait for signs of support before buy-in. (A bounce off the dotted Orange trend line .)
Scenario 3: Long term (Feb 18-19) Breakout. Lowest possible price $14.00 highest price before breakout $18.65. The breakout price is a target of $23.00.
Wait for signs of support before buy-in. (A bounce off the dotted Green trend line .)
Wait for signs of support before buy-in. (A bounce off the dotted Yellow trend line .)
Scenario 2: Medium Term Breakout. Lowest possible price $16.00 highest price before breakout $18.65. The breakout price is a target of $21.50.
Wait for signs of support before buy-in. (A bounce off the dotted Orange trend line .)
Scenario 3: Long term (Feb 18-19) Breakout. Lowest possible price $14.00 highest price before breakout $18.65. The breakout price is a target of $23.00.
Wait for signs of support before buy-in. (A bounce off the dotted Green trend line .)