Possible 50% to 100% Bullish Run
I honestly think this is the run we’ve been waiting for, for a while. Looking at the trendlines from Jan 2016 to Sept 2018 we see the first bullish pennant forming. Then from June 2019 to today we see the same pennant forming, and close of trading last Friday we see the first true break from the trend. Furthermore, with each true break we see a bullish run of above 50% occur over three times, all of which happened within a span of two months or less. I can truly see this trading above 26 by April 2022, specially with inflation running rampant and the fears of a bear market overwhelming traders thus a possible switch to the good old commodities. Only time will tell.
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