AITX is showing a bullish engulfing candle on the hourly charts. If we see a move up out of the descending channel we could see some upside to test the This could signify a move up to test the 0.16 resistance levels. A failure to break the downtrend could result in further testing of the 0.09 support levels. That said I'm still bullish on this one short term price target 0.16
Great looking chart, any thoughts as to when and if it will break out?
thanks!
lwlagrange
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@Thefusedone, Its hard to say, keep an eye on the volume, that should tell the story. AITX is sort of trading sideways right now with support at 0.1145 holding strong and getting stronger with each test. I still think this is a patience game. Once the volume rolls in we should see some action. That said anything is possible! Large swings and price volatility is great for profits...if you can stomach the ride ;)
Thefusedone
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@lwlagrange, It has been a rough ride sense I bought in at .15 Still waiting for a profit. Its hard to pull out now being that I'm down 4500. Thank you for your input, it helps me to hear that Im not nuts and I can still see some profit. Fingers crossed, thx bro
thanks!