$EGLD
EGLD has recently made a strong recovery, gaining roughly 55% in one week ahead of Supernova.
$6.00 is an important breakout area. A successful break could bring $7.11 into focus, while failure to hold the recent gains could trigger a pullback.
The main risk is “buy the rumor, sell the news” after the Supernova launch because a large part of the upgrade excitement may already be priced in.
#trading $EGLD
EGLD has recently made a strong recovery, gaining roughly 55% in one week ahead of Supernova.
$6.00 is an important breakout area. A successful break could bring $7.11 into focus, while failure to hold the recent gains could trigger a pullback.
The main risk is “buy the rumor, sell the news” after the Supernova launch because a large part of the upgrade excitement may already be priced in.
#trading $EGLD
