AIGE might be gearing up for a bull run!
We've seen a correction retracing over 61.8% of the prior uptrend. Does this signal a bear market? Not necessarily. Early bull markets can see deep corrections, but as long as the 61.8% level holds, the bull market is still going, just not at full strength.
Look closer at the chart. In the past, many were trapped selling below this support, expecting a downturn, only to be proven wrong when the market surged.
We're in a similar spot now. I'm cautiously optimistic. A move above 61.8% would be the final confirmation. Then, expect the bull to roar back to life.
Look closer at the chart. In the past, many were trapped selling below this support, expecting a downturn, only to be proven wrong when the market surged.
We're in a similar spot now. I'm cautiously optimistic. A move above 61.8% would be the final confirmation. Then, expect the bull to roar back to life.
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.