Audio printing a very large cup and handle pattern on the daily chart. Current resistance of $2.74 from a macro down sloping trendline from the ATH back in March. This trendline has proven to be resistance on many other occasions.
$2.74 is also the .382 retracement level from the ATH so a significant level to reclaim before a strong continuation to the upside. Peak of cup and handle pattern at $4.
Expect fireworks from Audio in the coming months as it begins its Wave 3 within a Wave 3.
Huge Potential..
$2.74 is also the .382 retracement level from the ATH so a significant level to reclaim before a strong continuation to the upside. Peak of cup and handle pattern at $4.
Expect fireworks from Audio in the coming months as it begins its Wave 3 within a Wave 3.
Huge Potential..