Technical analysis by jacesabr_real about Symbol METAX: Buy recommendation (8/19/2025)

1-4 : higher high and higher lows , upward structure according to dow theory 2 : entrance of sellers to test #1, very strong sellers with little to no resistance, the uniformity and similarity of these bars is suspicious and hints at external intervention, to induce people to the downside. 3: out buyers enter, with the 2-3 downtrend I could see most retailers not thinking any of this structure is meaningful, on top of that probably having a stop above 2 4: we are pushed to the upside with strength, even creating a gap, the stop orders above 2 got liquidated (ouch!) , one detail to note is that the buyers at #3 are now in control of the market, they defeated the sellers at #2 by taking out their orders and creating a new high, therefore the genesis of these buyers is considered 'solid', it is proven. 4-6 : a deceptive move as it seems to be a higher high which , woudl maybe make people think 5 is a solid low and stronger than the sellers at 4, but if you draw a horizontal line, it simply is not the case. 7 : a return to the solid structure at 3, high volitlity which is good as a confluence to the upside, because after high volitlity we normally have a nice flow establish in the opposing direction * what do I think will happen ? * the candle at #7 is an attempt to scare off entrance to where major players are entering, this is a great entry with a stop loss below #3 , likely this is where major market movers have their stop loss and they will defend this area unless I am wrong. * accumulation/distribution is giving us a hidden divergence , nothing from mfi and rsi except oversold, which I do not trust in high volitlity / strong moves. * over the past 2,500 candles , price has reached the next orange zone if it closes out on one side of the zone , you can manually verify by reducing the lookback period and counting, only realtime tradeable bars / zones are counted in stats. * in conclusion we want a buy order. * we will expect the next leg up here, so reach for a tp at the zone above 6, breaking even at the 6 high in case it's just a pullback.