UFO - a fantastic buying opportunity?plenty of upside, will likely have a bullish breakout of the falling wedge it is in, being that it bounced off the previous all time low back in October of 2023 marking a potential bullish reversal. Also, it is a bit difficult to see – but it looks like price action is forming a reverse head and shoulders which is a very strong bullish reversal signal – currently the right (final) shoulder is forming. Excellent buying opportunity in my opinion.
Use a stoploss please. This is not financial advice!