A long stop has been placed
As you can see in the chart:
The trend moves from the bottom left to the top right, which is bullish. We are above all SMAs, which are beautifully aligned. The correction seems to have exhausted its downward potential. Therefore, I've placed a buy stop above the recent highs. If those highs are broken to the upside, I expect another strong long impulse, possibly extending until the next earnings report.
The trend moves from the bottom left to the top right, which is bullish. We are above all SMAs, which are beautifully aligned. The correction seems to have exhausted its downward potential. Therefore, I've placed a buy stop above the recent highs. If those highs are broken to the upside, I expect another strong long impulse, possibly extending until the next earnings report.
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