RealReal, Inc.

On the above bi-weekly chart price action has corrected over 90% since the sell signal (not shown) at $30. Now is an excellent long moment. Why?

1) A strong buy signal (not shown).

2) Price action and RSI resistance breakouts.

3) Bullish divergence. Multiple oscillators are printing positive divergence with price action.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: investment
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know
Stop loss: <= 90 cents

Trade active

on support

Trade active

Note

GRM support confirmed

Note

Up around 40% with 1-month of GRM support confirmation, excellent. Stay long.

Trade active

support confirmed

Trade active

Note

At resistance...

Note

Past resistance confirms support. 200% return so far.

Trade active

Now up 300% in 12 months.
Past resistance confirms support.

2 week

Trade active

be long..

Trade closed: target reached

$10 or 10x from long idea was achieved (red circle).

Although price action remains in a uptrend, is oversold currently... a repeat of 10x from 2023 is not going to occur without a lengthy sideways period of consolidation and a confirmation of support on past resistance, around $3.

The recent correction was met a significant monthly resistance. Perhaps Michael Burry has exited his position as well.

Laters... Ww

2 week

without_worries

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Allow 3-6 months on ideas. Not investment advice. DYOR

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without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

Also on: