Therefore, another leg to the upside seems likely.
If that happens, based on Viaquant's predictive fibs we could be looking for a $9.30 initial price target.
Followed by $10.65 and then $13 (more on this later).
If we have another downturn then we would look for the $6.30 level to hold before making that move to the upside.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.