Larster

Smartphone supplier with buying opportunity

Long
Larster Updated   
XETR:DLG   None
This semiconductor supplier for apple has been beaten over the last years and seems to be overblown. The pattern suggests that the end is near but this last 5th wave down could go to the low at 9€ in worst case. Watch the internal structure of this last impulsive wave and the development of the indicators.
Comment:
Many of you may have felt the fear of missing out in trading and this is such a moment.
Comment:
Hmmmm....

Don't panic and try to chase the moving subway or else you will stumble and fall on the floor. So please wait for the next one. Remember: Even if the low is in a wave 2 often retraces 50-61.8% of the wave 1 whichh will give us our buying opportunity.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.