A Member Request: $MCHI May Be Forming a Bottom

Sorry guys, I bookmarked this request too, then forget about it, like I did the last one. Here are some thoughts on $MCHI.

The correction it’s endured this year looks to me to be in 3 waves, which implies that—at a minimum—this segment of it is complete (or, less conservatively, that the entire correction is over). I would be looking for it to bottom here soon and I would expect at least a relief rally in the direction of the orange target box.

MCHI

Read more “A Member Request: $MCHI May Be Forming a Bottom”


Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few months), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, Tier 1 members ($20/mo.) get access to the articles, Tier 2 members ($35/mo.) get access to those, plus counts on about 20 other instruments, plus Discord server access.