Good fucking morning ladies and gents! It appears Kermit the Frog had a sex change operation to a Bearish TransCrab and is currently awaiting a medical procedure for a major retrace to the downside to fuck everyone that is fomoing right now. (More than likely of course). You are currently at the golden mean ratio where pending price reversal is at a...
Looking to open long position at 16. We might see bounce at 16.40 as well. Let's see.
Pure harmonics at works.. enjoy! Cheers, Keops
KEM is printing a bullish candlestick price bar, closing near its HOD, right off its uptrending 200 DMA on heavier volume with my momentum/trending oscillators confirming the price move. I am going long KEM on Tuesday using a limit order (GTC-BUY-LMT) @ 16.43. I will have two trailing sell stops (GTC-SELL-STP) @ 15.79 and 14.57 to protect my initial invested...
Since news of KEM 2nd offering: - A drop in price every morning during market open. - Rising wedge formations every day. Today: - Rising wedge ceased. - Double bottom formed at $19.22 establishing floor support. - Touched 50MA and pierced downward trendline. What to look for to confirm trend reversal: - Higher lows - Price hovering above $19.70 - If price...