Hi everyone!
Today I decided to post an update on my initial
U
prediction made a month ago.
Here is what happened:
As much as I love this stock I do not believe it will keep the pace on the way up.
I expect it to hard backtest the red trendline.
If that holds, Scenario #1 will still be intact.
It is also clear now that Scenario #2 did not play out, which is obviously good.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
Today I decided to post an update on my initial
U
prediction made a month ago. Here is what happened:
- Price broke out of the long-term downward trend sooner than I expected.
- Trend line got softly backtested and held.
- Supply level at 139 level was reached.
- Return to strong 128 demand level.
As much as I love this stock I do not believe it will keep the pace on the way up.
I expect it to hard backtest the red trendline.
If that holds, Scenario #1 will still be intact.
It is also clear now that Scenario #2 did not play out, which is obviously good.
Trade wisely and good luck!
-----------------------------------------------------------------------------------------------------------------
Disclaimer!!!
This is not financial advise.
