CNC price prediction.I'll squeeze one more post in before I'm out. Lol.
I always look to see if I've missed something or something jumps out at me. Hmmm, I think something has. I'll go out on a limb and put out a CNC price prediction even though I said I wouldn't anymore. I think what's setting up here is a move first to the high 150's maybe 160 and that's coming soon, followed by a retracement to 140 and a reversal back to the $2. I would say just above. Maybe 205-210. Which would bring us close enough to big resistance 220. Not going to speculate what happens at that point. Will have to see how the progression is up to that point and assess then.
I have my reasons for these numbers and won't go into detail how I got them. In most cases people wouldn't understand it and get pissed off, nor do they care. I think the bigger interest lies in the price. If we get to the 150's the way I predicted, then I would say the " final bottom" in CNC was put in. I'm already getting hints of that based on the pattern I mentioned in a previous post.
I think we could be entering a major trend shift.
And if I'm wrong, I'll take my eggs scrambled.
Now, I'm out. GLTA