MVST: Long once again
After the previous rally, we again tanked down.
I think we are low enough to go long again. Making a double bottom it seems, perhaps still early to call.
Again there is a bullish RSI divergence.
We are now 3.30 and my target is the 200 dMA which stands now around 6.8 so i believe 70-100% is doable from this level.
Re-evaluate thereafter. There could be some panic selling but keep those nerves under control :).
I think we are low enough to go long again. Making a double bottom it seems, perhaps still early to call.
Again there is a bullish RSI divergence.
We are now 3.30 and my target is the 200 dMA which stands now around 6.8 so i believe 70-100% is doable from this level.
Re-evaluate thereafter. There could be some panic selling but keep those nerves under control :).
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