Looks as if XYO has found it’s bottom and is now beginning to break the falling wedge. XYO consolidated within the first blue channel along the 0.786 before running up to the 1.618, where it subsequently formed another channel/symmetrical triangle within the range of the 1.414 and 1.272–with another following increase of same. I’m expecting the next rise to put us back in the low-range of the previous ATH—hitting the 2.272. I’m expecting at least a solid $0.14 out of this runs top, but I make no reservations for it possibly going higher. A top of $0.14 would land us at the 1.618 on the macro fib. There are also promising vector candles for a reversal on the higher time frames, such as the daily and four hourly.
