This stock tends to form double-bottoms months apart. I'm projecting a 2nd pullback to give us our second bottom. This stock has has a very strong year and when it bottoms it bounces are hard and fast. To boot: it's a Swiss company wish gives you a bit of hedging against the dollar. Keep on your watchlist. Cheers!
Note
W-bottom. Time to bounce.Note
Looking like a dead cat bounce.
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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.