Tight stop loss. risk management is the key.
we will see but it speaks for it self
I think 12,500 is where the top will be in , then back where it belongs - yellow local bottom. Pink mounting resistance + bottom red line formulate giant triangle. This is fundamentally and technically possible in BTC because it's backed by nothing generally speaking. Watching to nail the rejection but trend is your friend with a tight stop loss for now.
May rise a bit into an earnings by end of FEB , however it's been a nice 25% move in stock price without any cool off. Watching for divergency flip.
Generally stock is oversold on RSI , and about to get positive divergence on MACD. It's all depends on earnings. Holding cheap mid apr exp calls, about to add more if things are going to get interesting. Tight stop loss. Stock is sitting on significant support /resistance so if it slips - it will slump hard -10/-20$. So obviously earnings is a trade direction...
So 1st wave on 14d chart back in the time of first Hyper Growth Period for LULU had 27 bars , and 2nd wave is somewhat 1/3 shorter. Current 1st wave is counting 25 bars , and second is more then 2/3 of 25. so it should crack soon.
14D , 2W chart... This is impressive for yoga pants company.. however it's a bubble. watching to short as soon as divergence turns red.
So let's see how it will play out. I'l be watching negative flip.
With current overbought environment on the market, gold is ok bet.
looks like it's going to crack soon , however disparity confirmation needed.
Let's see how it goes from here. Variety of pivotal signs but ... you know this market..
we will see how it will move. But 9 here ,9 coming on monthly and 14D 9 coming on spx
$aapl is prone to red 8 and i expect to see price decrease in DEC. Strategy is simple - buying in very slowly. For now small position. Monday will tell. THIS IS NOT A TRADING ADVICE.
Triangle play here. All levels are marked, chart is easy to understand. Looks like it bouncing good, fell to .93c and back to 1.09$ right away, so buying pressure is here. Will see how it plays out on upcoming week.