I think there's a good chance fat cats will push or at least spike in the area of 4360 in a last short squeeze and a deep desire to show some "not so nasty returns" to wealthy clients. I believe after that will be the beginning of the final move down spiking around 3290. That number is big intersection point of a lot of trends and support. It's also the going back...
The way I see it in the moment is to zoom out see what's going on. Strong bullish channel and big support around 270$ - 272$
Cash is king at the moment and Mr. Buffet is full of it.
Metrics are long. Oversold. Risk is really low. Bougth 1000 shares at 277$. There's a nice run to make to 315-320 area.
Price to Earnings Ratio (TTM)7.4911
Price to Revenue Ratio...
This is an opinion from space view. (Monthly charts since inception)
HYG bounced off massive down trend line. Its sleeping just under the support line off all previous down turn in SP500 since 2009. Are we out of the woods? Is there a liquidity a problem? Stores are packed and prices are going down and stabilizing. I think oil is the last thing to stand in the...
First post:
Keeping it simple. Bouncing off support dating dec 2020 and bouncing off the bottom of a Nov 2021 old bearish channel. Even if inflation is strong, there's 2 jobs for each of us so even if corpo fires 30% of workforces, there's jobs for people. RSI super oversold. People are selling because loosing hurts feelings. Usually, scared people do stupid...
