XEG has been in the downtrend for over 10 years (!) all the way till it hit its lows at $2.54 in March 2020. But then a bounce happened that seems to be able to sustain momentum on the monthly chart.
Will the downtrend ever end?
I expect it to at least reach the upper bound of the downtrend channel around $10. Too optimistic?
Not a financial advice, please do your own research and share feedback!
Will the downtrend ever end?
I expect it to at least reach the upper bound of the downtrend channel around $10. Too optimistic?
Not a financial advice, please do your own research and share feedback!
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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.