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I keep coming back to this chart because of how bullish this is looking both technically and fundamentally.
3 Wave pull back
Down to the buy zone, under the 0.618 Fib and blue historical support level
Down to the 200 WMA and within touching distance
A drop from its ATH at $746 to $260
Wave 3 is next, potentially to $1000
Fundamentals are one of the strongest in the market
In a sector that is showing strong relative strength
Not been following the US Market
RSI on the daily and weekly in at 30 and holding
I really can't fault this position right now
A starter position here makes sense
And if there is a consolidation in the buy zone, you should accumulate.
I keep coming back to this chart because of how bullish this is looking both technically and fundamentally.
3 Wave pull back
Down to the buy zone, under the 0.618 Fib and blue historical support level
Down to the 200 WMA and within touching distance
A drop from its ATH at $746 to $260
Wave 3 is next, potentially to $1000
Fundamentals are one of the strongest in the market
In a sector that is showing strong relative strength
Not been following the US Market
RSI on the daily and weekly in at 30 and holding
I really can't fault this position right now
A starter position here makes sense
And if there is a consolidation in the buy zone, you should accumulate.
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