Even If It Pops.... ITS BOUND TO DROP!
Now, I am wishy washy with when I use technical and fundamental's to back my thesis up.
This is a technical thesis that has nothing to so with the company, but everything to do with human behavior.
Over stretched and weaknesses are showing, TAKE ADVANTAGE.
Lastly, you may looks at my ideas and thing "he has no clue what he is talking about", my arrows and lines are not meant to be 100% accurate, but more of a general movement that the stocks are most likely to follow.
Pay the most attention to my levels of volume.
This is a technical thesis that has nothing to so with the company, but everything to do with human behavior.
Over stretched and weaknesses are showing, TAKE ADVANTAGE.
Lastly, you may looks at my ideas and thing "he has no clue what he is talking about", my arrows and lines are not meant to be 100% accurate, but more of a general movement that the stocks are most likely to follow.
Pay the most attention to my levels of volume.
Note
Just took a huge short position on this. I think we will see it fall on NVIDIAs earnings.This correlates with AI hype names.
Trade active
Signal just triggered and we are headed DOWN!Trade active
...Trade active
LONG TERM LOOK
Trade active
SHORT TERM LOOK
Trade active
hmmmmmNote
buy timeNote
uno masTrade active
Overall, still waiting for this yellow zone from my original chart to hit its target.
VRT is over valued and the chip stocks are in for a wake up call. I dont want to rule out a short term rally soon but from now till 2025, not a good long term hold.
Trade closed: target reached
Alrighty, let the drop begin :)
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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.