Looking at my charts 4.09 is a level we need to break after that it's clear sailing to a bit above $5.00
Not sure it will be that easy but the lines are drawn.
Still holding strong
How does one come up with the number of $4.09???
Agreed, I called out $4.09 last week. There are more things going on with $4.09 if it hits by Monday/Tuesday.
I really don't see or figure how 4.09 could be any magic number. It could very well bounce around $3.75 to $4.30 to $4.60 to $4.30 again for a few weeks.
4.09 is 61.8% fib....
Yeah who knows what it will do.