High probability of seeing higher prices

12 בספט׳ 2022

I've entered long lately. Reasons:

• Technically the trendchannel/flag has been broken to the upside. Trendcontinuation is very likely.
  
• According to seasonality (10 years or longer) the price will peak in mid Octoboer/November (depends on the time period).
  
• As problems in the supply chain, inflation etc. doesn't get solved quickly it increases only the price increase.
  

20 בספט׳ 2022

הערה

Still long. Could be a fake drop back in the channel. See the weekly chart:

22 בספט׳ 2022

הערה

You might want to take a look on a seasonality chart covering the last five years: