Notice the stock dropped to 18 on relatively low volume. Then the day trading frenzy began. Very interesting that it's now pegged between 12-14. When it should be pegged at 18 due to volume. The big sale from the swiss pension fund may have something to do with that. Facts will move the stock, otherwise it drizzle up/down based on the overall market movements.
Short term trend is up. No doubt about that, but longer term is down with more consolidation to come.
This thing is a great longterm buy and an entry here will do you well, but I am day trading a bounce to 145 Good luck
We should get a mid pop to help out the peasants like myself trying to make a dollar out of 15 cents YOLO calls
Don't jump in boys, buy the dips, sell the rips! This market is extremely challenging to time. I often look back to March 2020 and say the crash already happened, it lasted a couple weeks, but I think we are going to get a reality check. I just don't think its over. This market has so many similarities to 2000-02 crash. Just look at the chart back then. They line...
100 day MA looking to bounce off the 200 DMA. Short term bounce should complete a head and shoulders.
Wedge into fed meeting 50/50 chance we go up or down. .5% rise in rates will take us down. .25% takes us up. Watch the March numbers.
Be patient.. As we return to "normal", so will stocks.
All you haters need to look very closely at this chart. Easy money
Sell at this spot. looking for a rise and fall. Please see my other posts for more idea's
All in- I haven't seen a trade this good in a long time
Seeing some upward pressure into summer and a fall back into Fall.
Watch for this wedge to break lower in the next week or so.
We are about to transition into a new channel a bit lower. I expect a speedy recovery.
I am sure everyone know this, but this market is going to be moving sideways into the election. So find something else to do unless you want to play against the bots.
Inverse head and shoulders, ready to break into the 30's
There’s a huge supply scare approaching our shores, but I think it’s priced in at this point. We got the news March 8th and the markets made there moves. Shutdowns were announced a week later and market dipped lower. We are now talking about reopening... Plus a weakening dollar. Oil industries reducing capex across board. This is all adding up to be a slow...