Almost completed accumulation pattern with an imminent major upside breakout pending may best describe the current pattern/price action behaviour. Completion of the pattern will change the major trend to a long awaited bull run. Monthly close below the 12 period simple moving average will trigger a close long signal if and when on hand.
For now, sit tight and enjoy the dividends.....
For now, sit tight and enjoy the dividends.....
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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.