We are Clear of the Triangle

١٩ يناير ٢٠٢١

A very good sign has emerged. We have broken through a triangle and negated the Head & Shoulder pattern we were in. There is resistance at the 38K level, but the MACD is coming to the end of the RED cycle on the 1-Hour chart (remember always to zoom out for long term plays). Ignore the nay-sayers and pupu-ers trying to scare people in selling.