Lots of ideas on STRAT already here on T.V. - I don't want to crowd the space with another repetitive idea, but I do want to add that we are finally OVERSOLD on the RSI yearly! Previous entries into the oversold region on this time frame have given us a modest bounce, but looking at the bigger picture, this looks like a very beefy, scaled-up fractal of the previous cycle.
Long story short, whether you are holding long or simply want to swing the bounce, I'd say now is a definite entry point. Personally, I'm on board until the 38.2% at least, but you might not be as bullish.
Load up and lets blast through the Stratis-phere! (haha, puns)
Long story short, whether you are holding long or simply want to swing the bounce, I'd say now is a definite entry point. Personally, I'm on board until the 38.2% at least, but you might not be as bullish.
Load up and lets blast through the Stratis-phere! (haha, puns)
Trade active:
Great oversold bounce! Lets see if we can keep momentum & pick up any volume along the way.