Technical analysis by Goldsworth about Symbol S: Buy recommendation (1/22/2025)
https://sahmeto.com/message/3192819
Goldsworth
Rank: 13470
Analytical Power:
1.5
Reversal for Sonic has commenced
:Buy
Price at Publish Time:
$0.64031
Profit Target:
(+34.93%)$0.864

Seems like 50 cents has some iron wall defending it and now double bottom at 50 cents was established, allowing those who wanted to exit to do so (capitulation), based on the volume.We now have made a clean reversal on the hourly.Next targets are the launch high, which is a nice take profit target to those on long positions, but i expect overall trajectory to be higher.
Source Message: TradingView