Quintessential rounded bottom formation. Breakout target to ~ 28, subsequent pull back to break out trendline. This pattern is a tread reversal hallmark. It will make a fantastic swing trade if it plays out, but an even better long term investment.
Not financial advice.
Not financial advice.
Note
This could turn into a cup/handle with price retracing to ~ 20 then going up. I am not sure if that will happen. This would fill the gap.Note
Took profit @ 24.8. Looking to buy back in around ~ 23.Not financial advise.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.