Hey, i hope you are doing well.. I would like to congrat everyone with reversal and possible uptrend.
My insight...
Pros
1. Double bottom at ~22,7-23 area.
2. Break out from downtrend.
3. Lots of smart money incoming.
4. Positive earnings.
5. Positive plans for 2021.
6. Tesla's fiasco in China.
Cons
1. Strong resistance areas at ~40, ~50, ~60.
2. Chip shortage isn't fully solved.
Now you think how far it can be after 1yr, 2yr ....
Thats my insight and I wish you all to stay strong and healthy !
You see more cons than pros please comn below :)
My insight...
Pros
1. Double bottom at ~22,7-23 area.
2. Break out from downtrend.
3. Lots of smart money incoming.
4. Positive earnings.
5. Positive plans for 2021.
6. Tesla's fiasco in China.
Cons
1. Strong resistance areas at ~40, ~50, ~60.
2. Chip shortage isn't fully solved.
Now you think how far it can be after 1yr, 2yr ....
Thats my insight and I wish you all to stay strong and healthy !
You see more cons than pros please comn below :)