- The long term log scale trend line has held - Tested and held the 200 Weekly MA twice - The 20 Week MA has been tested and multiple times and price looks ready to start closing above it - The short term down trend has already broken with the last weekly closing candle
This could be the start of the next impulsive move up. I am playing this by buying shares and having some exposure to short and long term options.
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.