It’s hugging the bottom of the descending channel and looking to mean-revert.
The real confirmation comes when we clear the 21MA. Until then, it's just a bounce but the setup for a breakout is definitely forming.
Patience is key on this one.
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Watching $AXL closely.
It’s hugging the bottom of the descending channel and looking to mean-revert.
The real confirmation comes when we clear the 21MA. Until then, it's just a bounce but the setup for a breakout is definitely forming.
Patience is key on this one.