Desc channels
2025-02-14
Category: None

Updated Polygon TA. The price has been in a descending channel since Dec. 2nd but looking to try to break out soon (orange lines). I don't see it breaking down out of that channel which would put the price around 10 cents. It's already very undervalued so breaking down further doesn't seem likely. If it does, I'll buy a more! Once it breaks up I'll be looking for it to retest the larger blue descending channel. If it breaks above that upper trend line of the larger channel I think we'll really be off to the races and will probably rise above last year's high of $1.29. I fully expect that to happen it's just a matter of when.  I think we'll have $3 to $5 Pol by the end of this year. 👊