Conviction: 3/5
RISKS
Very expensive relative to historical trend
- Better to wait until we break above downtrend resistance line, but overall looks strong
- seemed to bounce off 100WMA
- RSI-W at historical buy points
- bounced off (for now) 50% retracement
RISKS
Very expensive relative to historical trend
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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.