AbraPlata backtesting the breakout before heading for new highs. The arc is completed and the breakout seems successful, but a recent pullback suggests a backtest before reaching new highs.
hello, thank you for your charting. I came across this ABRA last week after someone else had compared it to KL a couple of weeks ago. I do hold KL for the medium to longish term but wanted to ask if this chart is still bullish on ABRA. I am only just learning TA on stocks and wanted to know whether the time after your analysis has formed a handle on the cup. Thank you in advance
JaceStryker
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@ozkan456, Yeah, im still bullish, fundamentally and technically. Its very much tied to the silver and gold price, and since those went into correction mode, there hasnt been much going on here as well. But its holding pretty steadily, so I expect it to turn up again once the dust clears in the metals.
ozkan456
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@JaceStryker, Thank you....let's get to your target..