Clear leg up trend play on the monthly here. I used a 26 period simple moving average on the weekly to highlight that were well below the 6 month average price and as you can see were clearly oversold on the daily where the downtrend is simply a pullback consolidation on higher timeframes. I like this for a technical buy even when some fundamental issues are at play with this asset.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.