Descending scallop bullish reversal possible. Performance (16/19). Preceded by an Adam & Adam double top. Performance (17/21) in a bearish market as noted in 'Encyclopedia of chart patterns'.
@himi, The reversal potential is actually 5/21, its actually a inverted descending scallop, my mistake. Look like it is quite bearish right now, but anything could happen in this market, really cheap right now if you are planning on going long-term. :)
himi
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@Bixley, thanks to share your thoughst! I too believe this is a great price, but may get even lower. Who knows... I am already overly invested in this, so just waiting for a moment it catapults upwards. :)
How do you see the current price?