This is @HHSPN, 's pick, apparently there's some good news.
Looking at 2W RSI ILMN is already very deep value assuming that the greater trend is to continue. It has only once been below current value back in 2011.
Thats said it looks like its going lower here to the blue band, also considering wicked rejection through resistance.
Its probably a good buy here but perhaps a great buy in that band and/or if RSI equals 2011 and hits 24.
Not advice.
Looking at 2W RSI ILMN is already very deep value assuming that the greater trend is to continue. It has only once been below current value back in 2011.
Thats said it looks like its going lower here to the blue band, also considering wicked rejection through resistance.
Its probably a good buy here but perhaps a great buy in that band and/or if RSI equals 2011 and hits 24.
Not advice.
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So in a nutshell its a buy right here. But not advice ofc.