
BEAT (Audiera) went up 76% since it broke its 3-month channel. Now, it is consolidating right below the $0.12 resistance area. This is the level it has to break and turn into support. Then we are looking at a minimal 3-wave ABC move up if the move is only corrective. Or in a bullish case, a 5-wave move up. This can then either become Wave 1 or Wave A of a larger move up. I missed my first green box entry. If we break above, I’ll look for the second green box setup. Will BEAT break above $0.12, and continue to move up?
