it has the chance to be a descending crabit needs to breakout the descending blue line to think about the reversal patterns.
X=$0.01
AB=0.61 XA
BC=0.38 AB
0.88 BC=$0.47 *crab reversal*
1.13 BC=$0.263 *cypher and shark reversal*
1.41 BC=$0.134 *cypher reversal*
*1.6 BC=$0.082 *shark reversal*
0.78 XA=$0.073
2 BC=$0.0329
*0.88 XA=$0.0292 *bat*
2.24 BC=$0.0185
*2.6 BC=$0.0074 *final target of bat*
1.13 XA=$0.003
*3.6 BC=$0.0006
4.23 BC=$0.0001
*1.6 XA=$0 *final target of crab*
LKCO
LKCO Uptrend + Upcoming Levels To WatchLKCO in a nice uptrend and if you're watching a few levels to keep in mind are around the 50 Fib and then another level around that 382 fib. Volume has remained consistent & fundamental events could also be thrown in the mix right now:
"The company has established city and industry-level holographic Spatial-Temporal digital twin systems which can be added to autonomous driving vehicles. Recently LKCO expanded its business to more clients despite COVID-19 concerns.
“We have placed a premium on cultivating new service relationships with multiple automobile manufacturers globally as the entire industry continues to drive new autonomous-vehicle capabilities. We feel that these recent service contract signings are reflective of our standing within this market, and we are very pleased to be partnering with another reputable and influential company within the auto industry.” - Xuesong Song, Chairman, and CEO of LKCO
With its role in the auto industry continuing to grow, LKCO is a large player in the autonomous driving industry. Because of that, it could be worth adding to your list of penny stocks to watch in the coming months."
Quote Source: 9 Hot Penny Stocks to Watch For the Upcoming Week
LKCO - Long Setup Watch for a break of 1.93. Stop signal 1.66. First target 2.93. , Second target 3.43., Third target momentum. (not my favorite)
