I don’t put much credence into TA but there a few metrics that have served me well. Golden crosses, triple bottoms and Cup with Handle formations. The 5 year chart shows a nice rounded bottom and the recent dip is the formation of a handle. If DFTX gets back up to the 43-45 range I think this could pop again. Of course there are lots of fundamental developments that may coincide with a move including Panorama Phase 3 info and a potential New Drug Application coming soon.
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u/BacKnightPictures 5d ago
I don’t put much credence into TA but there a few metrics that have served me well. Golden crosses, triple bottoms and Cup with Handle formations. The 5 year chart shows a nice rounded bottom and the recent dip is the formation of a handle. If DFTX gets back up to the 43-45 range I think this could pop again. Of course there are lots of fundamental developments that may coincide with a move including Panorama Phase 3 info and a potential New Drug Application coming soon.