Ok, lets take one of the most oversold. HNT can be shorted at MEXC. Now within bear order block with middle around $10. So far no signs of correction coming neither at week nor at day timeframe. Therefore entering short here is not yet justified. In case of breakout will pump higher to 16.5-19.7
For grand correction looking forward 3.2-4.3 zone.
Ok, lets take one of the most oversold. HNT can be shorted at MEXC. Now within bear order block with middle around $10. So far no signs of correction coming neither at week nor at day timeframe. Therefore entering short here is not yet justified. In case of breakout will pump higher to 16.5-19.7
For grand correction looking forward 3.2-4.3 zone.
The seemingly negative pandemic effects and resource/product shortages are encouraging and allowing organizations to innovate and change.The news of cash-rich organizations getting ready for the post-Covid growth economy is a sign of more than capital spending plans. Cash provides a cushion for risk-taking and a tool for growth.
Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.
