Patience will pay UUUU

Updated

So much chop and range bound. Expecting price to sweep the lows here in the coming months before another leg higher towards $20

Comment

Still grinding, but as longer term uptrend stays in tact, the likelihood of price dipping below $4.50 becomes less and less. Looking at mid-point this year for a low with reversal heading into year end. 2023 for accumulation, 2024 beyond for growth.

Comment

So far behaving as expected. Looking at another couple months for price to create a range at bottom.

Trade active

Started staggering buys. Choppiness could get flushed once again, but target was touched and worth entry.

Will ladder down accordingly if we get a deeper drop.

Comment

Reacted where I expected, but don't love the velocity off the lows, or lack of velocity. 1 final flush would not be surprising, but it would likely be quick. Will hold through any further downside at this point, with still some bullets in the chamber for adding

Ghogan0385

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