If the next low is higher than wave 1 or A, it means we have a probable wave 4 in process. Let's see if there is a reaccumulation.
Even if this hypothesis fails, the stock is still cheap.
So, not many positive things, but that's why it's cheap now. If there wasn't any recession fears and the company would be making a lot of money, we wouldn't see these prices.
Even if this hypothesis fails, the stock is still cheap.
- The company is not making money, but why should we care about it? LOL. I like the stock.
- Germany is in the edge of a possible recession, so the economic cycle is not helping here.
So, not many positive things, but that's why it's cheap now. If there wasn't any recession fears and the company would be making a lot of money, we wouldn't see these prices.
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