Have always used fibs for retracement, never for extensions and predicting target price for a new high. Curious if I am using it right and how it will play out. feel free to give me some advice or your experience using them.
8 EMA has finally crossed down the 41 EMA on the 1 hour. I think this thing is finally going to break down like everyone has been waiting for for the past few days. Historically I can't remember there being much good trading action on thanksgiving. I am hoping it is a bloodbath and we descend into the 6,000 range
Holding this guy for at least a few months. Possibly a year looking for at least a 10 bagger. Made a nice base for a year. Starting to pick up with some trade volume. My favorite kind of setup. Superstock potential. Buy @ .06 target 1 ~.50 Target 2 ~1.25
For the past 2 weeks BCH has had a consistent negative correlation with BTC and may provide a safer alternative to shorting BTC in this volatile uptrend. The goal is to open up the holding bag and shift some of my BTC holdings into BCH. Then if bitcoin comes down to $5,000 and BCH heads back up to $2,000 like many are projecting I will sell back the BCH for BTC...
This has been my favorite Superstock of the year. I didn't find it until September where I entered at $14, but it has been a very consistent performer bouncing off its magic 20 Day moving average line if you check it out on the daily. I believe there is still a lot left in this guy, as it has only been running for about 6 months and stocks like this typically...
Shorted @ 6365 Covering @ 6260 Buying @ 6260 Selling @ 6600
Bought @ 55 shooting for 57 Tiny Profit looking for gap fill
Getting back into trading. Tracking the positions I took yesterday. Bought @ 321 shooting for 345
Head and shoulders reversal is complete. looking to catch a fib up on a bounce up to $5-6 . Then dump as this thing will prob coast back down to $1