SamSuka
The Long Investor
The Long Investor

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$V TOP 20

$V I believe is still telling us an interesting story about the market

It is a fantastically run company and has great margins but still below its 200 Day MA, so in theory the trend is still bearish until the price can break above this level...the market is still weighing up whether rate cuts is bullish or bearish for the market....I believe overall it is bearish.

A break above the 200 Day MA, will almost certainly mean that a break above the channel at $270 is next and Wave 3 can resume higher as shown.

For now, if you have not entered, waiting for a break out makes the most sense.

$V TOP 20

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