Based on chart pattern, a 4th parabolic base is forming. The only question remain, is it sustainable? That can be seen in the coming days.
Although parabolic up moves are exciting to ride, but there is almost certain danger that the rocket will run out of fuel, resulting in a rapid collapse of prices. Trying to pick the final top for this kind of move could be hazardous to one's portfolio, but being aware of the potential danger can be useful in managing positions.
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DISCLAIMER: I'm not a Certified Financial Planner. Published herein is my personal opinion and should not be construed as a recommendation, an offer, or solicitation for the subscription, purchase, or sale of this security.
