$COPX - RC -
Added 2023-09-02 19:42:49 +0000 UTCThe technician in me really does appreciate a beautiful chart and this is simply one of them, for how symmetrical the chart and the set up is.
We have a well defined large ascending wedge (my favourite bullish formation) and also inside this, we have another ascending wedge, we saw a double bullish formation on the $BABA chart recently and this has gone in its favour, so it is a good sign here too.
This will likely move sideways until the end of the year, to test the wedge line again, if this can break to the upside and to the Bull Case trend line, this would be a very attractive ETF to buy here and just hold for the next few years as it moves up to the first and second target.
