The Long Investor
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🕑 Added 2025-04-04 19:28:31 +0000 UTCManaged to find support exactly on the bottom blue line at $13.76 at the exact same time that Vietnam released a statement that they were committed to reducing the tariff difference to zero and they were in discussions with the US Admin
Incredible timing.
Price has jumped +16.75 on this news now.
The pull back could be completed here and there is a double bottom once we see the start of a new impulse wave forming, so higher highs and high lows next.
Still early there but in terms of risk v reward and strong fundamentals, this is attractive for a return back to the 200 Day MA at $28.
$13.74 must hold on the pull back however.
Comments
Rob
They have been at 13.74 last year or two years ago. Hope they get to the 200dma soon. But before they should test 13.74 for a double bottom hopefully. Trigger could be trump sticks with tariffs
Rob
If they don’t get market share back and keep up they will be screwed soon or bought out before
AH
Are you not concerned about the huge debt they have TLI?
niorthey
Went with my guts and bought yesterday - will add more if it goes further down
safoo
Hope so! My 13.75 order went unfilled today..
CryptoGuy
So you think there will be an additional retest of 13.74?
