This is a DRO, TA and Chart thread, so out of respect to the thread, im here to post what i see, and how i get there for DRO. If you “DYOR” and read and review my posts you “may” work out what the stock is. The chart was just to demonstrate there are a number of defence-military stocks that have gone through or are about to go through a similar corrective move that sets them up for a bigger macro cycle run to a “true” ATH. The stock in question, i will monitor and review till i see it at an “acceptable entry zone’’ begin exposure, and then have limit orders at a number of targets in that “buy zone”. Use DRO as a template to find a stock, that is going through or has just completed a macro ABC corrective move, learn the sequence that sets up that corrective more, eg EMAs, positive and negative divergence, the sequence it plays out in, the levels that are met in that move, these are all transferable, as the sequences repeat regardless of the stock or crypto for that matter, as per below chart i use as a template for ABC corrective moves. Id much rather educate on how and what to look for in a stock, when deciding to have exposure to it. NFA DYOR
(20min delay)