ASPV: Inverse H&S Fractal Update

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From Thursday, October 4 post:

"...an Inverse H&S "fractal" (repeating pattern) emerged on this Hourly chart. It just broke out above the neckline a few minutes ago, which suggests that ASPV is going back up to the 22's."

The neckline of that fractal is 21.05 and 21.03. When it broke out, it put a short-term target of 21.82 IN PLAY.

Math:

21.03 High - (the more conservative of the data points, 21.05 and 21.03)
20.24 Low of the Head

21.03 - 20.24 = 0.79 points added to the breakout above 21.03 + 0.79 = 21.82 IN PLAY.

The high this morning just after the open was 21.81, within a penny of the target, confirming that the Bullish Inverse H&S fractal was, indeed, bullish.

EDIT: 21.81 was "close enough," but ASPV came back and printed 21.82 at 10:50AM, so the exact target ended up getting MADE on the new high for the day ;)