Updated
Bullish Breakout ?
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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Email：info@ewc.space
Disclaimer
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.
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email：info@ewc.space
Email：info@ewc.space
Disclaimer
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.