None of this is financial advice. I am not a financial advisor. To begin, I will say this is an extension of my first post. Therefore I will not go into deeper fundamental explanations on why I love voyager, so let's stick to the technicals.
BQX/USD has bounced off 200 EMA repetitively the past year, which leads me to believe that this is setting up for another run. After being down 60% or more from the recent weekly highs it also looks as a value pick for those who didn't get it as cheap as they wanted to (around .20). Let's see if it bounces here.
Trade closed: target reached
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Sold half my position at .50- .70. Am holding the other half long term for years.
There is a direct correlation I have noticed between the 50 day and 20 day emas. Once the 50 day crosses the 20 day, at that point precisely it begins to fall or rise in the direction of the 50 EMA. Right now on the weekly, it looks like we are getting very close to the 50 EMA crossing the 20. And if the % uptick is anything like it has been always, should be a very nice bounce