Bullish Breakout ?
Updated
For the first time since the stock price peaked at 13.26 in May 2017, the weekly price bar penetrated the red multi month downtrend line.
If this is a valid breakout, further consolidations in the lower time frame would likely to signal a buying opportunity to catch the potential wave (5) rally.
Note: divergence between share price and technical indicators
If this is a valid breakout, further consolidations in the lower time frame would likely to signal a buying opportunity to catch the potential wave (5) rally.
Note: divergence between share price and technical indicators
Note
Note
5 waves up & 3 waves down ?Note
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
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