We did bounce off that trend line last week.
I'm thinking it will go lower.
The monthly support indicators on the Ichimoku charts from memory are around the $3 mark. My guess we will trade anywhere between $3 & $4 for at least the next 6 months without any major ann's.
The market needs to find equilibrium.
Very bullish long term of course!
We did bounce off that trend line last week. I'm thinking it...
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