DannyFoss

Long TLT at 116.03

Long
DannyFoss Updated   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
www.tradingview.com/chart/beWAL7ol/

At a strong support level, buying TLT with a larger position of 5% here for all of the reasons circled in my chart, as well as the fundamentals that made the technicals possible.
Seeing what happened following the great financial crisis, 2016 and during covid in 2020, we can see a major run up in the TLT. Expecting the same over the medium term.

Also, RSI and MACD levels show support for buying.
Comment:
Actual entry price of 115.33
Comment:
This was a paid subscription trade.

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