Going long in a downtrend
Updated
No signs of reversal for AML just yet.
Note
Long scenario 1 The SP experiences weakness next week, moves below 200 EMA, RSI also low AND the SP meets resistance at high 20s low 30s. This may be an excellent entry point with targets in the region 50-65 (trend line). Long scenario 2 The SP stays above 200 EMA and moves higher than 43, the same target 60 (trend line) but most likely reached sooner.
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