$EBON is a crypto related stock that hasn't gone parabolic yet, my main interest here is the expanding channel, seeing the first 2 advances, I am confident a 3rd will occur. The potential 3rd peak is equal distance between the first and second, so each parabolic top is 31 trading days apart, which puts the stock around $20 by the end of March 2021. I also think there is a high probability that after the 3rd peak, the stock does not return to the lower trendline, but instead only does a 0.5 - 0.618 retracement before breaking out of the channel. If/when the third peak is reached I will update my outlook on the stock with potential targets.
***I personally own shares of $EBON***
***I personally own shares of $EBON***