$XLM ready for another run to .4/potential breakthrough. Mean hammer on 11/28 right at the large volume node and channel support. MACD now ready to cross with some minor divergence on the RSI . One of the best crypto setups currently.
Bruh
$LTC hot setuphammer candle on the daily at the VPOC and the below demand zone/channel. potential reversal here
XRP: Averages not JoesNothing average about these movements been 1000+ days since above it..
MARS, no Elon...
PTON retracement this is pretty dumb.
last times RSI was this high the stock made a 20% correction back to the mean ~$30.
Also made tops in RSI in the daily time frame as well.
Long time support in green, weak supports dashed green lines.
Fundamentals:
PTON sells overpriced electric cycling bikes during a recession.
The market is as rational as a chicken without a head.
PTON recently rallied after breaking the descending triangle marked in purple due to their increased sales of bikes due to the lockdowns.
now that lock downs are being removed, its very likely people will stop ordering them and the hype dies.
I think its very possible that this stock gets carried back to its ATH on a positive market and even higher.
this is an isolated test of the RSI indicator.
PTON 28p 6/19
dyor.
