HOUSING MARKET BOTTOM? I think so, such a beautiful chart. I noticed Reits having their largest trades EVER in the darkpools yesterday. This is a beautiful chart of Cubesmart and look at it. Housing broke resistance from 2007 in April and has now comeback to test it in Sept-Dec all while institutations are putting out paid ads to spread the doom and gloom. Everyone and their mother is repeating the housing shock. Well if this support holds which I think it will we're in for another housing boom until we get another blowoff top. Everything here just lines up so well for a market bottom in general, I think the markets as a whole should rise for at least a couple years.
CWK
CWK for a quick $3 run Option calls are .38/per JulyI made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move.
Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well.
Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move.
If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share.
Thank you,
iCantw84it
06.10.2021
CWK Seeing over half their value in Profits 1.75Billion!Nominated Energy Star Partner of the year with over $1.75 Billion in profits added to their sheets with an overall networth of $3.75Billion . Which makes this undervalued and due a stock price increase to $25.50. I rate this my number one pick for an option call.
by iCantw84it