Outlined here are two possible outcomes for $UBQ in the coming weeks and months.
- Option 1 is based on the equilibrium of the weekly breaker holding
- Option 2 is based on the equilibrium failing and the big money looking to take the stops below 25k into the lower weekly breaker. There is a small void between the last swing low and the April high at 23.5k which could get filled
- Option 1 is based on the equilibrium of the weekly breaker holding
- Option 2 is based on the equilibrium failing and the big money looking to take the stops below 25k into the lower weekly breaker. There is a small void between the last swing low and the April high at 23.5k which could get filled
Comment:
Option 2 seems to be the winner! 23k stops have been taken so now we wait and see if it starts pushing up
Comment:
Adjusted the green buy zone. Loading up in this area