ORV 1.10-1.1.20 by Early April? Possibly. =)Back on Dec 13. I made a post saying the lows of ORV are in after it broke it's ending diagonal completing a ABC corrective wave from the $3.97 highs of 2011. See here: https://www.stockhouse.com/companies/bullboard/t.orv/orvana-minerals-corp?postid=22004663 And said the short term targe was 0.60, and we hit 0.59 and consolidated for about 2 weeks in the 50c range before breaking out of the flag and hit 71c. My calculated target of that flag was 72c.
I did a long term study of ORV chart this weekend, and see a beautify rounded bottom forming, that looks to complete around early April this year.
See chart: https://www.tradingview.com/x/6WZGzIOX/
My near term target is $0.84. This rounded bottom has been forming since Feb 2013, when price topped at 1.25 in the B wave up. If it works out (see the yellow colored round shape on chart), we should be at around 1.10-1.20 by early April. When it gets there, it'll hinge on the POG and market conditions at that time whether it breaks out or corrects before breaking out. My guess is that it may do a 0.50-0.618 correction before breaking out (this would then form a cup/handle). Once it breaks out of the rounded bottom, the measured move will take ORV to $2.00. Sorry, no time target for that far out. =) I do see good upside this year, even if there will be some violent corrections along the way. Best of luck to all.