LB Bullish Bat Completed in LOW LocationConfluences could lead to Big Reward with Minimum risk! Aka: Value Investing
On Daily Chart Price has shown:
- Strong support from $21 - $22
- Down-Trend line was broken
- Bullish Bat completed at LOW location on chart
- RSI Oversold
1:2 Risk/Reward ratio
Chance of large long term gains if weekly bearish bat is completed around $34