Feb. 12 at 7:29 AM
$MOS
Adam and Eve bottom = strong double support.
It should form a sort of cup and handle OR bull flag pattern after it closes the gap at 33 or touches resistance at 37.
Gap below at
$30 is a good area to start accumulating. It is headed to
$53 minimum, and likely to
$60 (there's an hourly gap there) by early 2027.
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For people who follow / subscribe to my posts, you already know I am very bearish (macro). However, the nuance is that technology leads, and stocks like
$MOS and
$OXY are laggards. This means that even after the SPY / QQQ ETFs top, these can run for another 5 - 7 months before collapsing.
We are very early into Wave C within this ABC pattern.