BGR Blackrock Energy and Resource Long IdeaMonthly chart here. We’ve got a few things going on that are bullish imo.
-Large Volume gap
-price is in a monthly apex (powerful)
-risk is relatively low
I’m thinking about layering in some buys here and averaging down. As I suspect dips after the new year. Target would be 70-100% spot.
Invalidation would be monthly close under the white 100 MA. 10-15%
** keep in mind this is a monthly chart so in reality this might not play out until 2030 lol
Please hit me up if y’all have any questions.
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