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Cspridea

PREPARE FOR CARNAGE Using the fib the same way we would do to project potential targets to the up side when no data is there to be read , we can also project targets to the downside. With this we will still look for the HTF BMS to occur before validating the position. ICO price for cspr was 0.03c anyone who has bought cspr since listed on exchanges is underwater , will they drive price below ICO? . Time will tell biut again we have to prepare some bids. Using the retracement levels for a potential reversal followed by a structure shift to the upside we can start to build into the trade. 0.0318-0.0181 is where well look for such event to occur and will be our first entry i dont want to DCA into this.
by Marketperceptions00
CSPR Long IdeaCasper Mattress Company has just recently IPO'd and has had a less than ideal kickoff to their share price performance. However, Casper is filling a niche spot in the market being that they can ship their product directly to your door in a package that is easy to transport around the house until you wish to unravel it in a bedroom. I think we can all share some memories of our childhoods helping our parents or siblings to try to stuff a twin or double sized mattress up a winding staircase or through a hallway and into a bedroom. Casper has eased the difficulty and simplified the installation process while also providing a comfortable and very well reviewed product using memory foam technology. The company has been doing big spending in 2019 towards advertising and expects to see roughly a %20+ growth to their sales moving forward through 2020. Pre-IPO the company received a $1B valuation in what is roughly a $14B market. Once some more buyers step in and recent gaps are filled, we may see a run towards higher fib levels and possibly even onto newer highs. If price starts to slide again and stay below the $10 level, then we may be able to expect some continued selling until a new bottom is discovered. Thoughts? Trade your own plan, this is just an idea.
CLong
by Acitsilos
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