BGR Blackrock Energy and Resource Long Idea

47
Monthly chart here. We’ve got a few things going on that are bullish imo.
-Large Volume gap
-price is in a monthly apex (powerful)
-risk is relatively low

I’m thinking about layering in some buys here and averaging down. As I suspect dips after the new year. Target would be 70-100% spot.

Invalidation would be monthly close under the white 100 MA. 10-15%

** keep in mind this is a monthly chart so in reality this might not play out until 2030 lol

Please hit me up if y’all have any questions.

Like and follow

Disclaimer

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.