Time for a correction.. it may keep running but the odds are a little lower now. As the price skyrocketed in the last weeks, Alex now needs a rest (i think so), as the volume traded plummeted 32% in the last 24h, we may have great opportunities.
How to Proceed
The Alex TA has a Risky and a conservative entrance, as shown in the link. The Riskier is entering over .219 cents The Risky is entering between $.18~.21 ->Above The red line (.173~~.18) is The Gift Candle middlepoint (or the monthly candle 50% retraction) that if broken, will infer that the price is gonna look for the Weekly (blue) or the Monthly (Purple) trendlines.
Profit?
Profits depends on where are you entering. For lines up: $1~1.06 $.825 $.56 $.37 $.2486 $.146
Stop?
Stops depends on where you enter, but overall $.17 $.09 $.065 Do Not forget that the stops are Technical and the amount of money must be adjusted to the % of the Stop, not the other way around. If you think the stop has too much %, please reconsider the size you your position.
NFA
But ill look opportunity using the logic that is shown in this post. Enjoy! Show Less
