EJ, bound for a massive upside reversal in the next few seasons!EJ has corrected with so much weight after going parabolic on Q2 of 2024 (June 2024) -- peaking at an ATH of 175.0. There after a massive correction was warranted that has lingered for months ahead.
Now based on recent long term metrics. EJ is now heavily showing some basing behavior from the current range at 157 zone. This is conveying already of a shifting structure on its price.
It has created a triple bottom formation that spans 2 years!
From this scenario alone you can sense the contextual direction it is about to undertake. Reverse to the UPSIDE.
Based on its historical price movements - it has undergone what I called a transitional shift to new ascending channel. You can check the chart above for reference. We are now at that period.
Expect some fresh series of price growth attempts from here on -- aiming to reclaim new high metrics.
Best seeding season is NOW.
Spotted at 157.0
TAYOR.
Trade safely.
