Fib projections for current up trendFibonacci projections for the current up trend
Inputs values
Low: $1.30
High: $4.50
Pullback Low: $3.02
Projection Levels
261.8% > $11.39
200.0% > $9.42
161.8% > $8.20
138.2% > $7.44
100.0% > $6.22
61.8% > $5.00
Opinion
Very achievable considering the following factors:
1) Low float
2) Positive drill results (13 more holes expected before spring breakup)
3) Looking undervalued relative to peers at the current price level.