One of my favorite ETF's to trade on the ASX is the ACDC battery tech beast.
Its had a steady rise since the covid drop with over a 120% return so far, but we moved into a consolidation range with an upwards pressure since the start of the year.
We have had a few touches on either extremes of this range and im expecting it to break sooner rather than...
Nie change in market structure with that V bottom recovery on RLT and a sweet break and gap up off the next line.
Already in a position but looking to start pyramiding orders on this pull back and trade the trend up.
first target around 2.26 but chasing the 2.80 highs by end of the year isnt out of the question which is over 100% from the v bottom.
