MIR - A 2nd chance
Updated
MIR's break away over the weekend has finally come to a violent end.
We are now in a large accumulation phase that could be supported by this Fib retracement golden pocket.
Could open a long here betting on the formation of this ascending wedge, or if you have better opportunities elsewhere just keep an eye out for more confirmation of the pattern of the next week.
We are now in a large accumulation phase that could be supported by this Fib retracement golden pocket.
Could open a long here betting on the formation of this ascending wedge, or if you have better opportunities elsewhere just keep an eye out for more confirmation of the pattern of the next week.
Comment
Stop loss hit. Watching for some sort of bottom consolidation.
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