The stock has been in the downtrend for the last 4 years. Since mid August 2019, the price has been moving up and so far has gained ~50%. It has broken out of the downtrend mid October 2019, retested the area multiple times and has continued rallying upwards (there is no decline in volume either). The moving averages are still facing downward on Weekly, but have...
what's the potential upside on this..? is it potentially a laggard?
Does this sound like it could pay off at all? ;)
Throwing this out there to see how this plays out. Mainly interested to monitor what happens to prices mid uptrend channel. Is it too late to buy it there?
This is my first (proper ish) trade plan that I have recorded ;> Anything fundamentally wrong with it?