buying climax, should consolidate around 200sma ~68~70 again before attempting another run to 83. Else, testing the low at 58
Recap from earlier post..I was expecting JD to take minimum 6 months to a year to bottom. can't believe how fast it has closed the gap already.
if this diamond breakout holds by this week's close, very likely to see some strength in March.
As my earlier thesis, if BABA is going to run a mirror for the next 6 months. This is going to be a fake breakout.
Another possibility is that $BABA is running a mirror. If that was the case, the worst is over. It has reached the low However, to get back above its former support, which now act as resistance will be a challenge.
Looks like a double bottom, but seems like the least resistance is to go down. Let's wait until the trade deal
Looks like $EA has a smiliar pattern before. Is the history going to repeat itself? Remember, gaming is a cyclincal business like it or not. Question is, it took roughly two years for EA to find the bottom last time, how long do you think it is going to take?
Since 2015..it is still consolidating. Personally I prefer to go long because of its portfolio and potential but it indeed takes a lot of patient to own it
Been waiting for a inverse head and shoulder...is it going to stop here and correct or 2800?
Let's see if $msft is going to breakdown or bounce and breakup from here. MAs are closing to deadcross..so the favour is on the bear side right now
Most likely to see 111 in 2021. I know right 2021? but who knows what will happen. May hit 111 in 2019 if inflation is out of control!
$nvda likely a bounce to 164 to 184 before another leg down. to complete the ABC wave.
GL hit another resistance before my first target 60 of the year. LIkely to see a drop to 51 50 before the leg up.
Expect to hit 3000+ before crashing down to 2000 in 2020.
If $sbux cannot please the street. it is a short to 58 54 and even lower
With ER releasing in 1 day, is PG confirming a diamond top breakdown? short target 84 82 long target 103 105
SQ's downtrend breakout could be a false breakout. Looks like it is very likely to form a double bottom below its former low.
Potential targets for both bear & bull if it is coming out of this diamond consolidation.