$SANTOS - overall, the situation is worse than I anticipated 2 days ago.
- If it breaks the diagonal support
- If it breaks the levels 2.18 - 2.12
There are chances to repeat the story of Alpine, which happened in May of this year
(pump with the update of the neighboring peak - dump with the update of the bottom - chart attached).
Not everything is lost yet, and there are good chances to continue rising, but such a pessimistic scenario should also be considered.
It won't be long now, we'll know soon.
In the meantime, I still maintain a bullish outlook.
