$X - WATCHLIST -
Added 2024-05-17 15:06:03 +0000 UTCWhen it rains, it pours.
A lot of set ups right now, so please weigh up what interests you the most and what appeals to you and allows you to hold a position comfortably for a long period of time.
$X has completed its sale to a Japanese consortium now and the price has pulled back and approaching the yellow trend line at $35.
The Japanese did not buy this because they felt it was overpriced, they saw value and I do too.
I believe many countries will need to spend an entire decade of upgrading their infrastructure, including in the US and I believe $X directly benefits from this.
So a test of the yellow trend line again and holding and the targets above are as shown.
Targets and EWT counts.
Comments
Not one I ever play but wow I love this kind of set up with a breakout retest. Might have to grab some
Adam L
2024-05-17 23:25:23 +0000 UTC
