OVER SOLD IDEA. This is my idea of a bounce opportunity. It is highly oversold.
Predicted Impulsive 3rd wave Just finished the first wave (Leading Diagonal), in the process of correction for the second wave, probably 3rd impulsive wave is coming
A set up right now with a SL at 3.00usd. 1st target 5.80 usd.
Blue solid lines are established downtrends, green dotted lines are established uptrends. Both the uptrend and downtrend lines are established from equilibrium points, (not highs and lows). Thickness of lines illustrates strength of previous price action. Circles are the crossing of uptrend and downtrend (Crossfire Points), usually resulting in reactions.
I found FTCI so interesting with Bullish convergence and recent breakout from our EMA100 and EMA50 it means this stocks is ready to breakout soon above $7-$8+ due to market condition and recent drops i believe solar sector can hedge against inflation and recession since this sector is really needed in this kind of economy, one of the main reason i choose this...