Metal DAO (MTL) about to print a 2500% move?

On the above weekly chart price action has corrected over 90% since early 2021. A number of reasons now exist to be long, including:

1) Price action and RSI resistance breakouts.

2) Support and resistance. Look left. Price action has now confirmed support on past resistance.

3) A weekly life cross prints.

4) Lastly, price action has exited a bull flag. The extension measures a 2500% move to target.

Is it possible price action continues to correct? Sure.
Is it probable? No

Ww

Type: Trade
Risk: <6%
Timeframe for long: This month
Return: 2500%

Trade attivo:

Support on past resistance confirms.

Commento:

GRM support now confirms.

Trade attivo:

Going up...

Commento:

Going up tis time for sure!

Trade attivo