Rationale to go long once the box is breakout. Only concern is trading below all imp averages. Holding it for 2-3 years, expecting 1st target to come in 2 months time frame.
1. Previous accumulation zone (see two boxes)
2 RSI positive divergence
3. No selling pressure or volume.
4. Trading in a box -
1. Previous accumulation zone (see two boxes)
2 RSI positive divergence
3. No selling pressure or volume.
4. Trading in a box -