General Electric has had a rough 18 years With downtrend while the rest of the market has set New highs. I will buy at this area for June 2019 Calls.
Patience is linked to reward. Going into January-February, I will be starting accumulation of Snapchat to hold for targets going into October-December 2020. In past runups, apprx 540-720 days has been the norm in Stocks in general. Snapchat has a good brand value. For now, sentiment is still being washed out.
Sentiment is now highly negative after FB breaking below the Quarter result low. A reversal is confirmed above 135. News matter nada.
Price estimate refined. In DEC contract, the low is estimated @ 486-489, the HIGH at 554.
Short on Monday opening, hold till Tuesday 6th near close, switch to longs, hold till 22nd of Nov.
How I predict the bottoming process. At 134.25 I will buy calls in large quantities.
Megaphone pattern Close to completion on the downside. Expecting a reversal
The wheat bubble should take us to the destination