Not encourging anyone to jump on a stock that has had a continuous bear trend even through the greatest US market run in history, but it may be worth a gamble here. If it can recover (as it has in the past) the gains could be fairly absurd. As you can see, buying in now and then achieving its previous high will be almost a 600% gain. Again, not encouraging anyone...
Daily Bullish enguilfing after 67400 was respected, closed above outer trendline.
Daily left a 3 pin bar formation aswell.
Entry on 1h after 4h zone was respected.
1H double bottom.
Trend has switched after previous LH was not respected.
What is the market respecting? and where are we in the market?
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Have a good one.
