On the above 3 week chart price action has corrected almost 90% since mid-2021. The correction has now printed a break of resistance.
The resistance breakout was preceded by significant bullish divergence. This divergence is measured over the same period of time as the bearish divergence that signalled the market correction.
There are no stock splits.
Is it possible price action continues to correct? Sure. Is it probable? No.
Ww
Type: Investment Risk: You decide Timeframe for long: Act sooner than late. Return: 200%
Trade active
10% in 10 days.
Past resistance confirms support. Not my opinion, a fact.
Comment
20% in 20 days. What will 30 days bring? ;-)
Are you on the sidelines waiting for higher price confirmation before joining the herd?
Let me tell you what happens when that price comes. Your mindset flips and "I'm now waiting for lower low."
Allow 3-6 months on ideas. Not investment advice. DYOR
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