VNM Vietnam etf: a classical AOTS

AOTS, an acronym I borrowed meaning alignment of the stars.
All moving averages correctly stacked in proper sequence signaling a very bullish uptrend
Despite increasing c. cases.
From peak to trough in this weekly chart, VNM has completed an ABC down & started wave 1.
However,be careful as there will be very strong resistance at around 24 the 2014 Top which also
Coincides with 61.8% FIBONACCI retracement.
Going below 17.20 might signal that wave 1 has topped & wave 2 corrective wave has started.
This is not financial advice.