SUI: The 140% Trade

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SUI: The 140% TradeSUI / U. S. DollarKRAKEN:SUIUSDKnightCycleSui is breaking out of a Macro 1 year long bullish falling wedge pattern and is supported by increased volume on the new bullish short term set-up. On the smaller timeframe, we are in the wave iii of the new larger degree Wave 1. The pullback to Wave iv will be the buy zone (ONLY IF IT DOES NOT GO BELOW THE PRICE OF THE TOP OF WAVE i). The run up from Wave iv to Wave v will result in a +70% return. With the SUIL 2x Leveraged ETF, this can be a 140% return in a very short timeframe. Once the larger degree Wave 1 is reached, the next move will be a 3-wave move down to larger degree Wave 2. *not financial advice*