Price Target (Profit Target)
Price target lines are visual investment tools that provide a precise, calculated way to measure a potential market price movement. These lines are established by the Price Target Forecasting System (PTF System).
A probability of the target line to be reached by prices in the short-term is 100%, provided that the current market direction is determined correctly and that no new turning point occurs on the price's way to the target. The market trend as well as new turning points are defined by the Turning Points Identification System (TPI System) and are specified daily.