Stock should be trading around £300 / + 150% in 18 months. Not a bad trade for investors looking to play it safe in the face of an 'alleged recession' being in the post. The stock has been trading inside this descending triangle for years and just confirmed support on the bottom.
The monthly chart below confirms the bullish divergence.
The monthly chart below confirms the bullish divergence.
Trade active:
Bullish divergence continues to grow with MFI support suggested until 2023
BTC
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Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: www.patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Price action on the 3-month chart is now at resistance - will it break through this time? I don't know. It will eventually.