PHILIPS Setup for long-term

Philips is not a weak company that can go bankrupt very easily. It had a massive drop over the past year and forming a double bottom. The correction has been massive and now looks like a good entry for a long-term hold position. It might go more down but then a good investor averages down :)

You see both bullish and semi-bearish cases in the chart :)

I am defender of the retails against the wolves of the wall street

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