About J-Curve The J-curve effect, in economics, is the phenomenon where a country’s balance of trade initially worsens following a devaluation or depreciation of its currency, before it recovers to a higher level than where it started. We are the point of maximum financial opportunity.When the breakout eventually happens it will go for a blinding run.
Technicals
Self key broke out of big falling wedge consolidating nicely in the range. We had a double bottom confirmation which confirms the bottom price here. RSI is continuously increasing in Daily indicating market strength coming from buyers 50,100,200 EMA well supported on 4hrs . Breakout will happen on 50 EMA crossover on daily. MACD is looking for a cross over .
Fundamentals. Key marketcap is only 15 million$ . A 10-20x will take it not that far to 300$ million marketcap.Big opportunity here.
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