$SANTOS - good and expected!

If you have deeply understood the concept of Wyckoff, then you know that after the breakout of the upper boundary of accumulation (the one above $2.85) there should be a strong price drop.

In Wyckoff's theory, this is called BU (back-up) – an impulsive movement for the last position set before the trend movement.

This is it!

In practice, I have encountered such an impulsive movement both in the middle of accumulation (in the case of #SANTOS this is $2.516) and at the lower boundary of support (in the case of SANTOS this is $2.185)

(from technical analysis, this looks like a test of diagonal support).

The hardest part is already behind. A real explosion will come soon!

Don't panic and consider buying if you haven't bought yet.

(Chart 1D)