Don’t be too disheartened gentleman.Something very interesting...

Don’t be too disheartened gentleman.

Something very interesting when you view the long term trend starting from 2011 (about 11 years).

In 2014 & 2018 we hit the long term downtrend line (marked below in red) and rejected to go lower. However, in December 2021 we finally broke through the long term downtrend line (after 10 years) which is a hugely significant move in my opinion.

Interestingly, we have fallen from ($0.38) to back-test the long term downtrend line and appear to have even briefly (faked) below it before moving back above it.

Today’s close looks to be sitting back squarely on this downtrend line.

In my opinion, I believe this is setting up for a monster run up once successfully held and tested again.

Remember, once it finally pushed through a 10 year trend, it was a game changer in my opinion.