- 50% fib retracement following multi week rise from may low
- Gann's most profitable retracement
- Orderly pullback to previous resistance
- Long if support confirmed @ 80-83 region
On the above weekly chart price action has corrected a massive 85% since the sell signal back in December 2020. Now everyone is calling for a recession and stock market collapse. We’ll see.
A number of reasons now exist to be bullish, including:
1) A buy signal has printed.
2) Regular bullish divergence. 9 oscillators are currently printing bullish divergence...
📖 AO is an electrical retailer operating in the UK and Germany and specialises in household appliances and electricals. Much like Ocado, its share price has benefited significantly from the CV19 pandemic, soaring by as much as 800%. 87% of ao.com reviews on TrustPilot are 5 stars and it is often praised for its great customer service. Sales in the UK rose 67% in...
