With the dollar holding up, South America dealing with US higher interest rates, with airlines being Zombie Companies this Name can really run lower.
Nice high base. A breakout here would give us a target of around $52,000 Never forget what the Perma Crypto haters were telling you when BTC was at $31,000.
This trendline has been tested several times before so the bias remains to the upside. BUT! Caution is in order if AAPL breaks here for bulls as this could trigger widespread selling.
World Stock Market ETF has broken structure signalling a potential reversal in trend.
Again I repeat, trades take time to develop. VEU is yet another one of my examples that seeing key areass before everyone else, does not mean you will get paid tomorrow. It means you will be paid when everyone else sees it too. Which is the point of good analysis.
This move resembles the previous fuckery move breakout that takes out stops and then tanks. I could be wrong but I am not convinced by this move.
Perma haters are ignorant and have no shame about being wrong. They are only there to distract you from making good informed decisions.
Be careful! This is not the same market it was a year ago. Buy the dip may not be a good idea.
Since April of this year, I have been pounding the table on DSX. It's now up 166% since April and up almost 400% from the lows. Trades take time if you know what you are doing. If you don't you will not hold and bailout.
As mentioned back in Feb TSLA will be underperforming NDX. Seven months since that remains true. Now building a bear flag.
Markets in Euphoria, Cryptos approaching area of a potential pause/ reversal point, markets need more than pocket change. Remember key areas can go either way, trades take time to play out. Keep it simple, be patient, think risk/reward.
When you see Head and Shoulders everywhere start to pay attention. Airlines are very economically sensitive and capital intensive. Definitely risk on industry. More debt, fewer passengers, less revenue per seat mile is not a recipe for airline or economic success.
Simple long setup with great risk/reward. While this is not your TSLA AMZN BTC ETH DOGE cool stock it will still make you money just the same.
I am back from a nice vacation in Beautiful Greece! Trades take time. Avoid running into stocks with your hair on fire looking for the trade every 5 minutes. The reason newbies have this affliction is bc they don't know what is going on. They don't understand how to value and chart what they are buying. So if it doesn't work NOW! Then they get all nervous...
Part 2. thx again for your support.
MMT "Inflation is the limit" Apparently not. Be careful of what options people give you to judge. learn how to fact-check on your own.
After multiple attempts to warn people that AMC valuations were incorrect and getting a lot of flak for it today, we see the power of BKC (Bare-Knuckle Charting) once again. I have gone ahead and taken half my position off for 45% profit in my own personal account letting the rest ride for now. Again I cannot stress the importance of learning how to read a...