Long Term Inflection Point Bull Case
My bullish confidence comes from the 3M and 6M charts which show a much more positive price structure. What piques my interest on this timeframe is our EMA stack and the flagging nature of our short term EMAs now coiled inside our Long Term EMAs.
It make some time to play out but in regards to r/r BA has that look. If BA fails at this level and our EMAs confirm lower, we are looking at much lower.
It make some time to play out but in regards to r/r BA has that look. If BA fails at this level and our EMAs confirm lower, we are looking at much lower.
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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.