Sometimes current events seam like an organic component of the extension of the pattern. Short selling and hedge funds may be playing their games but it looks like their window of opportunity is limited.. Lets hope the pattern plays out. Let me know what you think in the comments below.
This is not investment advice, but only my perspective..
This is not investment advice, but only my perspective..
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I just noticed there's also a bullish divergence in the RSI..which is nice to see.
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Possibly gearing up for a 50% hike to around $65. We'll find out.
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We went the "worst case scenario" route as you can see.