Long
Cobalt stocks seem ready to rise

After a long and deep pullback, cobalt related stocks seem ready to rise significantly from their extreme oversold condition.
The chart represents a "home made" index of of stocks from the sector.
As long as the recent low (trendline) holds the Elliott wave count is highly bullish.
The chart represents a "home made" index of of stocks from the sector.
As long as the recent low (trendline) holds the Elliott wave count is highly bullish.
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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.
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.