Djaymoore10
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Joined Mar 11, 2020
trendanalysis
waveanalysis
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Strong bear close last week and on Friday. Weakness at support. Likely think retest into 315 as new buyers get in and old shorts buy to close. Then more selling comes in to drive the price lower. Next support would come in around 280ish. Likely buy to close along with many others and possible reverse for a short leg up.
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Support at old residtance. 100 SMA support. Daily hammer forming.
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Looking like next week is a retest for the gap down..and then another sell-off.. coinciding with more bad news on COVID that they can blame this on. BOOM.Then another take off.
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