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kryptowavetrader
Oct 19, 2018 1:02 PM

GMO - ready for a big move! [LONG Term] Long

Description

GMO seems to be in accumulation phase. Its back at lows.
There is really not much room to go down. Good region to accumulate for long term.
Could be preparing for massive move pump.
Comments
etherique
Nah US dollar will be fine for a while but maybe it is better to wait until the end of DOW' s correction which has just started
kryptowavetrader
@etherique, Dows correction wont take a lot of time. Couple of weeks and it will be done. It has the exact same structure as SPX
etherique
@kryptowavetrader, yeah! i also see it the same way.
Sasquatch_Trader
What if the US dollar crashes?
kryptowavetrader
@trade_dog_21, dxy is in correction. Its more of investment only do what your willing to lose. its practically at the bottom cant go much lower. The company itself mines molybdenum essential for steel. Hard to seeing the company valuation going to zero.
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