MRNA Mutli-week banger incomingMRNA buyers showed up last week with volume to the upside. There are a few options to play this to the upside or downside.
Weekly 2Up: 180.8 2U continuation trigger with PTs to 186.8, 193.2, and 200.08.
4H Upside: This could be setting up for a 2-1-2 continuation to the upside plus the weekly 2U trigger.
4H Downside: I would look for a trigger below 173.83 followed with 2D continuation to take us closer to the weekly retest area at 160.
Inverse Head and Shoulder/W/Cup and Handle (4H): A large cup appears to be forming since the beginning of Feb. If we get a pullback to the weekly retest area at 160, I would watch for a bullish reversal pattern and do a multi week swing up to the Jan retest zone around 200 and beyond.
Wutang
WU-TANG, WU-TANG - AMP be smashin' the like button.There appears to be a possible wu-tang formation to the upside
Fun Fact: Did you know that in the late 90's wu-tang mentioned an American Express Financial Advisors (AEFA which later became Ameriprise) mutual fund in one of their hit songs?
The fund was called AXP New Dimensions. I believe it eventually went down in flames due to consisting of junk bonds.
*not a financial advice
$btc Behold the return of the Wu-Tang It's always fun to draw lines. But seriously, that puny drop just shows we have not reached the top yet. I estimate anywhere from 11k-11.6k as the final target before rushing back to 8500, fill some gaps. At that point you better sell your house because it's rocket time.