The support we have reached now is a multiple one:
1. The April close and low,
2. The 38% retracement of the large rise from October 2022 till March 2024,
3. The December 2023 trading range.
There is still downward momentum but the chances of a good gain are sufficient to take a position. If the decline will continue however an increase of the position at better prices is possible.
1. The April close and low,
2. The 38% retracement of the large rise from October 2022 till March 2024,
3. The December 2023 trading range.
There is still downward momentum but the chances of a good gain are sufficient to take a position. If the decline will continue however an increase of the position at better prices is possible.
Trade closed: target reached
I am taking a first part f the profit but will still hold some of this nice shares.Trade active
Trade closed: target reached
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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.
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.