The_Gains

UFO - a fantastic buying opportunity?

Long
NASDAQ:UFO   Procure Space ETF
plenty of upside, will likely have a bullish breakout of the falling wedge it is in, being that it bounced off the previous all time low back in October of 2023 marking a potential bullish reversal. Also, it is a bit difficult to see – but it looks like price action is forming a reverse head and shoulders which is a very strong bullish reversal signal – currently the right (final) shoulder is forming. Excellent buying opportunity in my opinion.

Use a stoploss please. This is not financial advice!

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