Confluences could lead to Big Reward with Minimum risk! Aka: Value Investing
On Daily Chart Price has shown:
- Strong support from $21 - $22
- Down-Trend line was broken
- Bullish Bat completed at LOW location on chart
- RSI Oversold
1:2 Risk/Reward ratio
Chance of large long term gains if weekly bearish bat is completed around $34
On Daily Chart Price has shown:
- Strong support from $21 - $22
- Down-Trend line was broken
- Bullish Bat completed at LOW location on chart
- RSI Oversold
1:2 Risk/Reward ratio
Chance of large long term gains if weekly bearish bat is completed around $34
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.