Panjang

HYlN

114
Although a scary play, I feel confident that this 17.93 level is the bottom. It’s a retest of a flag pole pattern, and a break of this, could bring us reaching new all time highs. The RSi has been rounding upwards on all timeframes, along with bullish divergents on the 4hr and green TD 9 flash. Catching and holding solid support above 19.23level would be a less risky long position. I personally am buying an loading my holding despite the massive indecision and fear in this market. Death cross on 4 hr incoming which is the scariest part but if it doesn’t react negatively, we should be looking at a great rounding bottom when all said an done. Teed cautions as a breakdown of 17.92 level could be brutal, I am sticking to my gut feeling that this will survive

Penafian

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