The RealReal, Inc - 150% gain waiting for collection
On the above 2 week chart price action has corrected around 50% since May. A number of reasons now exist to consider a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support confirms past resistance (blue arrows).
3) The trend, higher highs higher lows.
4) The Bull Flag, 2nd impulsive wave imminent.
Is it possible price action continues correcting? Sure.
Is it probable? No.
Ww
Type: trade
Risk: You decide
Timeframe for long: Yesterday
Return: 150%
Stop loss: Say elsewhere
1) Price action and RSI resistance breakouts.
2) Support confirms past resistance (blue arrows).
3) The trend, higher highs higher lows.
4) The Bull Flag, 2nd impulsive wave imminent.
Is it possible price action continues correcting? Sure.
Is it probable? No.
Ww
Type: trade
Risk: You decide
Timeframe for long: Yesterday
Return: 150%
Stop loss: Say elsewhere
Trade active
On support.Trade active
past resistance confirms support.Trade closed: target reached
Am no Dr Michael Burry, perhaps he remains long on this one.. . but at 140%, I'll take it.
Thanks for playing!
Note
ka boom!
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Related publications
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Related publications
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.