When I said it would go down in DEC19 I had to be confident to stand on my analysis, and it played out.
Here I support why its going back up, you've gotta draw the line somewhere, if its as the media portrays the world would have ended 10 times over already!
TRUTH is concerning as this outbreak is, compared to our massive world population of 7.8 Billion (MAR20) the numbers of this virus outbreak are minuscule.
They've been selling fear and the masses have been buying, business as usual, before this they were fear mongering about something, after this they'll find another issue to cry about. If you ask me this may have very well been a snowball of media fear mongering compiled with the sensitivities of feeble minds.
Being a medical matter, most of us and politicians are not educated on the subject matter, so it becomes important to follow the leader, because nobody wants to be taking the blame for mishappenings.
Here I believe the uptrend has started, and slowly but surely will return to sync with the pre corona trend.
Here on the M chart I believe it can close above 2500, or at 2500 by month end in 2 days, meaning APR the uptrend to become evident.
Just my take, do your own due diligence.
Here I support why its going back up, you've gotta draw the line somewhere, if its as the media portrays the world would have ended 10 times over already!
TRUTH is concerning as this outbreak is, compared to our massive world population of 7.8 Billion (MAR20) the numbers of this virus outbreak are minuscule.
They've been selling fear and the masses have been buying, business as usual, before this they were fear mongering about something, after this they'll find another issue to cry about. If you ask me this may have very well been a snowball of media fear mongering compiled with the sensitivities of feeble minds.
Being a medical matter, most of us and politicians are not educated on the subject matter, so it becomes important to follow the leader, because nobody wants to be taking the blame for mishappenings.
Here I believe the uptrend has started, and slowly but surely will return to sync with the pre corona trend.
Here on the M chart I believe it can close above 2500, or at 2500 by month end in 2 days, meaning APR the uptrend to become evident.
Just my take, do your own due diligence.
Trade closed: target reached
Target achieved. Let the chart breath; as of the last price we shall see if it continues upwards and/or how much it tracks downward
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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.