Getting this thread back to topic.
My tech analysis says to me we have finished our erratic bleeding. We seem to have settled back into a tradtional resistance and support patterns.
I think the worst is over, I personally have bought back in, not as large a holding as I previously had as I want to direct funds elsewhere.
to me around low .4s seem to be a good entry point.
Seems we are seeing swings of around .03
at time of posting support seems available at .43 and resistance at .46
There is significant buyer volume vs seller which was the opposite a few months ago. Any matches above 5000 units seem to be pushing the price up.
I think we will start to see a like for like copy of 2020 - 2021.
The story seems to have been recycled in every way possible. If I am right we will see around $4 next year.
I may be crazy, but then again read what people were saying in 2019.
Not ramping, I'm not telling you what to do, these are my thoughts and thoughts and speculation alone based on MY knowledge. Do your own research and come to your ownn conclusions, I'd be interested to know if anyone agrees with my analysis.
My new average is .435 at 15,000 units.
flame me when I am wrong in a few months I don't care, atleast I'm having a crack.
May not be big money to some, may be huge to others. If I end at 0 I can afford that. I dare you all to actually share your positions.
I may buy more in future, see where I want my capital to go. Right now MGT isn't where I want the majority of my capital, but I have faith.
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