An addition to the previous idea, although it didn’t play out exactly as I expected, I still plan to do rebuys at the same level, some at ~7.8-7.6. The bearish wedge worked like a textbook and now we find ourselves at a retest of the global trend line, I propose to buy back part just below eight dollars and the second part around six, in the event that the price goes further down.
ps. in the screenshot is what I mean by calling the global trend line
ps. in the screenshot is what I mean by calling the global trend line
Comment:
It looks like we won’t be able to buy it cheaper, so we’re making a repeat purchase at ~7.8 and waiting for new highs at ~23
Comment:
I think it’s time to continue climbing, the nearest goal is ~11