Mines of Dalarnia (DAR)

On the above 3-day chart price action has corrected over 90% since the sell signal (not shown). Now is a good long moment. Why?

1) You know why.

2) Price action and RSI resistance breakouts.

3) Price action confirms past resistance as support

4) Price action confirms support on the golden ratio.

Is it possible for price action to fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: 6%
Duration: no idea
Return: no idea

Comment:

Just realised the most obvious cup n handle pattern. Sometimes you don't see the wood for the trees. Can now estimate a target of 300% to 70 cent area.

Trade active