MikeMM

MikeMM Updated 

I believe it is time for a reversal. This has large gap up potential IMO. Do not take this as financial advice, I'm merely a retard drawing lines on a chart while throwing copious amounts of money at it.

MikeMM Updated 

Opened large long position on TDOC with the assumption pandemic is here for 10+ years. Also like that its touching my support line. KISS method.

MikeMM

im not dking around, this is a big D about to explode out of a falling wedgie pooh after touching 786

MikeMM Updated 

the good ol'e POOP and SCOOP. Expecting a bart up here.

MikeMM Updated 

Also a hedge against my ATVI bet. Hooking kids on the drugs early is how video games work, they stay with the franchises they trust as they grow old.

MikeMM Updated 

Took a large position today, don't have money to add so hopefully it doesn't dip much more :P

MikeMM Updated 

I set a stop loss in the picture, but in my investing I do not use a stop loss, I just add more if it goes lower and my conviction remains. This looks like capitulation to me, it is a very premature buy by most standards, I love catching falling knives. The RSI shows that preliminary support was much higher, and as it trends up while making lower lows in price I...

MikeMM

could be could not be. Just something to keep in mind!

MikeMM

Just posting it without a conclusion... will be watching out of curiosity.

MikeMM

I am looking for a buy in the 11,000-20,000 range. If we go up before we get there then that is fine. The rising wedge would be the worst case scenario for Bears IMO, but then again it will provide even more downside to short if it occurs, as is the silver lining.

MikeMM Updated 

So we all know what happens next, but i like to draw things cause then i can have historical evidence and laugh at dumb people. Not financial advice of course!

MikeMM

Don't like it? oh well, markets don't really care what you like or dislike.

MikeMM

Take this bitcoin! smack yo butt down! dont take this as financial advice causeeeeeeeeeeeeef dsfjkhfgisdlfhgfdhgsdfhsdgfhfdgh

MikeMM

Looking at a big drop here, Tesla millionaires going to become thousandaires. Not financial advice.

MikeMM

Would also make a decent inverse head and shoulders. Not financial advice i suck at this.

MikeMM

This could be a once in a life time opportunity, or it could never happen at all. But are you ready for it if it were to manifest? Personally I would step in and buy this dip. I am sure a lot of people now say that they would, But under this scenario I think that people will be scared that it is the end. Not financial advice just ideas

MikeMM

I posted the top to ethereum at the literal top a few weeks ago. I would like to re-affirm my position here, this is down down down down down down down.

MikeMM

So I figure that during a time of hyper inflationary currencies, it would be best to compare bitcoin to a basket of stocks. Asset vs Asset. this is what we have as a chart when we do that. We can see it is down trending vs other assets. Even though it is going up in USD terms, we could argue everything is, including my bag of potatoes. I think bitcoin WAS the...