A leverage play to the EV market. Fundamentally the stars may align for this semiconductor business, as the EV market might be bottoming. The price looks weak, however, we are coming off lows and needs to break above the 0.786 and move towards the golden pocket. I suspect it’s the end of the corrective wave 5 and the start of an abc pattern back towards the upside. I’m waiting for a breakout above the Fib level first.
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