TGODF Green Organic Dutchman Holdings LTD, Big Bull Flag?
Updated
Lets keep it simple!
I've watched TGODF since release go from 2 to 6 in one month. 300% gains that soon may require a pull back.
There is not enough data to look at the longer time frames, as the shorter ones provide more current movements.
I've drawn a nice wedge pattern from the highs, and also found a larger BULL FLAG in the making. By the end of the month we should see where this is going.
Im going to wait until a safer entry zone appears, closer to the $4.30 area at the 618, and even the 786 area could be a second buy zone at the $3.7 area labeled in green.
The Ichimoku on smaller time frames is crossed bearish, and momentum continuing sells. but we can also see a decent amount of buy signals oversold, which I wont be counting on, considering the smaller time frame. There are no buy signals on the more important 4 hr to the WEEKLY.
A breakout of the wedge seems less likely, but still possible. Im a safe pull back level buyer, and will wait until they are reached, or move on to a different trade.
Happy Trading, Debating and Speculating! FOLLOW for more updates on all my charts!
I've watched TGODF since release go from 2 to 6 in one month. 300% gains that soon may require a pull back.
There is not enough data to look at the longer time frames, as the shorter ones provide more current movements.
I've drawn a nice wedge pattern from the highs, and also found a larger BULL FLAG in the making. By the end of the month we should see where this is going.
Im going to wait until a safer entry zone appears, closer to the $4.30 area at the 618, and even the 786 area could be a second buy zone at the $3.7 area labeled in green.
The Ichimoku on smaller time frames is crossed bearish, and momentum continuing sells. but we can also see a decent amount of buy signals oversold, which I wont be counting on, considering the smaller time frame. There are no buy signals on the more important 4 hr to the WEEKLY.
A breakout of the wedge seems less likely, but still possible. Im a safe pull back level buyer, and will wait until they are reached, or move on to a different trade.
Happy Trading, Debating and Speculating! FOLLOW for more updates on all my charts!
Trade active
Wedge failed perfectly as predicted. Will wait out the play. Honestly the 618 might get blown through to the 786. I would set 2 buy orders for both areas, if it fails deeper under 3, I would leave this one alone.Trade active
I should of labeled today's bounce, as I did in my ACBFF chart, which would have ran the same way today. Here's my next selloff and re buy zone.Note there's another level below this, which I can get into when this next dip occurs, so I have a better idea if were going there or not.
Trade active
Were riding the top of the wedge. Should play out the bull flag and pull back after potential false breakout. Looking for safe entry in lower buy zones.Trade active
June 28th chart shows the bounce reach a sell zone. This second sell zone on todays update will be for a false breakout only. Just something to watch for.Trade active
Wedge broke out, failed as I was saying, and has retraced back into the longer wedge. How much more perfect can this call get? oh yea, see you at the 618.check my other charts, as they are quite accurate as well.
Trade active
anyone following this chart can see how everything is turning out. heres an update, as my buyzone was reached, still looking to add on for a deeper pullback to the 786.Trade active
ignore the chart above... thats for a different chart that hit my buy zone. wrong link. heres is the correct link.Note
as you can see it wicked into the 4.28 areaTrade active
first wedge fail called, into false breakout with a perfect sell zone. Into a buy zone? heres an updated closer view. with an added short term potential bounce play.
need a chart graphed? leave a comment below!
Trade active
have called the wedge fail, to the short term bounce, to the first sell zone perfectly. right into my buy zone which I labeled over a month ago.also reaching my second sell zone almost perfect.
This could go past into the 5.4 area seeing as we have fairly strong buy signals on the daily.
Trade active
since the first 5 calls have played out perfectly on every sell and buy zone, we have reached the point of my chart where I never got to.I can only try to predict so much of the future, give me a break.
I see a perfect buy opportunity with positive indications everywhere.
If you want a short term bounce play I would shoot for the 4.50 area.
Not legal advice!
Trade active
What a beautiful chart. Ive managed to call 5/5 buy and sell zones, can we make it a 6th? Its a scary one.we have a squeeze right now, which i believe will fire short.
Trade active
charted in june.
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