On the above 6 week chart price action has corrected 98% since February 2021. A few reasons now exist for a long interest, they include:
1) Price action and RSI resistance breakouts
2) Price action confirms support on past resistance.See 15 year chart below.
3) Regular bullish divergence. This divergence prints on legacy support / resistance.
4) No share splits!
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: Small market cap, keep positions sizes small
Timeframe for long entry: Weeks
Return: 500-2000%
Stop loss: will say elsewhere
15 year chart
1) Price action and RSI resistance breakouts
2) Price action confirms support on past resistance.See 15 year chart below.
3) Regular bullish divergence. This divergence prints on legacy support / resistance.
4) No share splits!
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: Trade
Risk: Small market cap, keep positions sizes small
Timeframe for long entry: Weeks
Return: 500-2000%
Stop loss: will say elsewhere
15 year chart
Trade attivo
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.