It should be no surprise that after massive gains such as we have seen lately, stocks tend to retrace 60-70% or more back to the origin from whence they came.
This is largely due to the Market Maker "Making a Market" for everyone to play in, but mostly so they don't loose any money.
The Tech space in general and Especially names like
TSLA, 
AMZN, and 
NVDA are flashing warning signs. A Major pullback event is coming.
Likely the second wave down to our first tariff wave seen earlier in march.
The CCI is rejecting on the High time frame, along with a rather lartge Head and Shoulders Pattern forming.
Some may call it a Double Bottom. Truth be told it's not fat a booty unless it worth slapping, and at these prices, she's all dried up.
Target 119 to close the Weekly box then accumulate with caution.
This is largely due to the Market Maker "Making a Market" for everyone to play in, but mostly so they don't loose any money.
The Tech space in general and Especially names like
TSLA, AMZN, and NVDA are flashing warning signs. A Major pullback event is coming. Likely the second wave down to our first tariff wave seen earlier in march.
The CCI is rejecting on the High time frame, along with a rather lartge Head and Shoulders Pattern forming.
Some may call it a Double Bottom. Truth be told it's not fat a booty unless it worth slapping, and at these prices, she's all dried up.
Target 119 to close the Weekly box then accumulate with caution.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.