Rare Buying Opportunity: Unilever (UL)

This is a yearly chart of Unilever over the past 50+ years (non-logarithmic).

The orange line is a smoothened 9-year moving average. This line provides the most conservative price at which Unilever will likely close the year (about 6% higher than the current price). The 9-year smoothened moving average has never failed to provide support in the past nearly half-century.

This is a rare buying opportunity for long-term investors who want to buy and hold assets for years. Unilever is a high-dividend stock and the price of the stock will likely grow steadily for years to come.

This long-term growth analysis has been validated by the Wave Trend Oscillator by @LazyBear. This extremely accurate oscillator indicates that Unilver's monthly price is overextended to the downside even more than the low of the Great Recession and that the downtrend will likely come to an end in the coming months if it has not yet already.

Please share your thoughts below. Not financial advice. As always anything can happen and trends can end. Invest at your own risk.