Wow, what a start of the year! Stock market is beaten up badly. But you know what that means for an intelligent investor. Many great opportUNITYies to buy favorite stocks at discounts.
The stock is currently down more than 50% from the Nov tops (big ooph).
We have just entered the highest volume zone, established last year. And we are rapidly approaching the Golden buy zone. All indicators point at a magical number of 100.
Just look at the chart!
All stars allign perfectly at a price zone of 100. POC, HVN, 2 long-term support lines, all point to 100.
I bet algos know about that zone too. So there are LOTS of resting buy orders.
Therefore, I will add massively to my U holdings at the next open.
Let me know if you like this stock.
As always, trade wisely and good luck! ----------------------------------------------------------------------------------------------------------------- Disclaimer!!! This is not financial advise
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