I see a good buying opportunity at these levels, especially for long investors.
We're not quite in the buy range, but were momentarily today.
The oversold RSI on the weekly and major double bottom is what I'm counting on for this bullish reversal.
115 is a critical level, and must hold for this bullish case to have any meaning according to Elliot wave.
I currently have not stake in this, but could be if we get closer to the double bottom, which would be very interesting.
Happy trading.
We're not quite in the buy range, but were momentarily today.
The oversold RSI on the weekly and major double bottom is what I'm counting on for this bullish reversal.
115 is a critical level, and must hold for this bullish case to have any meaning according to Elliot wave.
I currently have not stake in this, but could be if we get closer to the double bottom, which would be very interesting.
Happy trading.
Seems like we've begun a rebound from the possible wave 2 bottom.