Many investors are keen? But how many dare to stay participated in such conditions?
Everyone is looking for the bottom but it is almost impossible to catch up.
Is it a falling knife? Or a possibly higher bottom to be set?
I think $16 is where a lot of investors are keen; 3% yield at those levels which coincide with many confluence in support. A sharp drawdown towards 14.33 is possible but less likely.
Encouraging advisors/RMs to speak to their clients to accumulate via other structures when spot is near 18 (i.e AQ at 16 or below)
Stay invested.
Cheers
Technically Speaking