I think everyone is happy with the plan here, we are seeing the H&S pattern unfolding here after highlighting this a week ago and its working well in our favour as we wait.
The 50 Day MA I will be watching closely for and if there is a hold here at $22.30, I am happy to start a position and DCA in from there, especially if it can go lower, below $21.58.
$41 is my PT for year end, so there will be a solid return here if we can build an average between $21 - $22.
Rag
2024-03-28 15:08:45 +0000 UTC