Red dotted line is the major trend line. The juicy buy zone is where the major trend line intersects with the downward channel (between the orange lines). It ‘s a logical area for a gigundo bounce … represents about a 26% correction … purrrrrfect!
It has been so long since I published!
It looks like a bull flag to me! But I see huge potential for long wicks down toward the 50 and 100 EMAs. Anything in that blue box is a serious DCA opportunity.
… In my opinion
… Not financial advice!