Long
Hyln!!!
Although my brain is telling me to get out, my instincts and my heart is telling me
To buy buy buy. The massive fear and hate, the bullish divergents, the massive rounding bottoms, these are all signaling to me that we have found a bottom! The bright side of things are near, the monthly 20 EMA has held support! 16.25 is the monthly. We have one more potential negative sign which is a cross negative from the 20 daily and the 100 EMA. If we manage to round above this cross and not have it, we have potential of uptrend starting. If not then we could get one more push to 17 level. This play I am 50% on and trusting myself let’s see this bullish move play out!!! If we can maintain above 17.29 we will be looking pretty decent. I have a breakout target on December 20th, but this could happen sooner looking at the 4hr rSI!! Remeber, the rsi tells the story not always the chart. The chart says head and shoulders pattern, while the RSI showing differnt scenrio. A hold above 18.44 is def great sign but may take a few days, while a breakout above 19.69, we should see a big move! Good luck!
To buy buy buy. The massive fear and hate, the bullish divergents, the massive rounding bottoms, these are all signaling to me that we have found a bottom! The bright side of things are near, the monthly 20 EMA has held support! 16.25 is the monthly. We have one more potential negative sign which is a cross negative from the 20 daily and the 100 EMA. If we manage to round above this cross and not have it, we have potential of uptrend starting. If not then we could get one more push to 17 level. This play I am 50% on and trusting myself let’s see this bullish move play out!!! If we can maintain above 17.29 we will be looking pretty decent. I have a breakout target on December 20th, but this could happen sooner looking at the 4hr rSI!! Remeber, the rsi tells the story not always the chart. The chart says head and shoulders pattern, while the RSI showing differnt scenrio. A hold above 18.44 is def great sign but may take a few days, while a breakout above 19.69, we should see a big move! Good luck!
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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.