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symmetrical triangle is almost finish, will see...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at ASX:ART ...
I believe this code is at a point of potential volatility.
If price can hold above $0.280 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.335 (Conservative)
- $0.385 (Medium)
- $0.505 (Aggressive)
...
Looks like a large Elliott wave is just coming to an end.
Currently in a downward trend and are trending on the bottom trend line, should pop back up and stay over 75c to confirm reversal.
Reversal with a new Elliot wave with first wave pushing to 90c. testing previous support/now resistance.
Then dropping back to around then 80c region before the next wave up...
