New bagholder special. If price closes above the diagonal trendline on a daily basis that would give the green light to start accumulating for a longer term hold. After the break anything near the trendline is a buying opportunity. Targeting around $150 as a final take profit. Will update idea.
Comment:
Price tock out those previous lows at $35. Price needs to flip $43 as support or next stop is $25. Favouring the former.
Comment:
Nice daily candle into the low $40 area. Would be looking for signs of strength on the lower time frames to confirm a valid s/r flip.