I’m currently making a small investment in the asset* being priced in this way:
I bought a few yesterday and will continue buying today and in the days to come. For what it’s worth my absolute max investment in this will be around U$500, so it’s not something that’ll change the world.
So my question is: TA people, would you buy this chart? And yes, it’s a genuine question, not being snarky or anything and I’m interested in any responses offered, though will add that any opinion is unlikely to change my investment thesis on the entry or exit.
Finally: I’ll tell you what it is on Sunday.
UPDATE: As well as a couple of mails received already (thank you), Iwnattos takes up the challenge in a public manner.
*A potentially generous definition. We’ll see.