What's going on everybody. I have no problem sharing the fact that I like to gamble a bit. I only caught one upswing in the recent LUNC gains.
However, I have a feeling that I am going to playing-risking in the near future.
Here are the channels for price movement that I have created. Nothing is100 percent accurate, but you will see it follow this closely.
Use it as a guide to track my 'skills', and mainly use it as a point of reference for yourself, shall you please.
To Summarize:
We are currently farting around in the middle of the zone consolidating. We will make a move here soon. We do not have much resistance keeping us from going up, and LUNC likes to move quick.
My boxes are always my breakout points. I am considering enter around -.35 for my first entry. It will be choppy- A significant breakout may not occur to around mid 40 range.
The bottom of the box sits around -.22 - we break below that, it could be a pretty sad fall to -.14 range (nearly -50%)
This is a fast moving and unpredictable one to risk money you are not willing to lose.
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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.