Since this is the second Double Top M-Pattern I’ve noticed, I’m curious about how low it will drop this time. I believe $4.44 is a buyable level.
Unless Green Zone is reached - there won't be any Upside.
With more advances in gene-tech to come - This is my Bet.
I am looking at them for a very long time and it seems they are on the right track with a good battery concept.
When hospitalization is going up stocks will tank and Future shorts ETF will go up 10-15 fold.
Target around $24-$26
Looks like a down turn -- given current market conditions.
Perfect Elliott Wave pattern developed. Bearish Triangle formed. More downside to $3.94. Watch for MA 7 over 30 crossover to indicate upside swing.
Raising oil prices and $10 cost cutting by end go 2019 should provide up trend.
This is the bearish outlook till May 2019 70% chance.
I outlined a possible inverse head and shoulder pattern which hasn't formed as of yet. if we can't go above 6800 and brake 5800 there is a good chance to go lower.
Momentary uptrend. Long term investment. Trail 3 is ongoing 2 years before market acceptance in my opinion.
