Lamba(L) = 208 weeks SMA = 1/4 L = 52 weeks SMA offfset = -1/8 L = -26 weeks SMA decline at -15% per cycle. Expect surprise breakdown of BTC.D support in summer 2025. Wavelength cycle is the VBM 396693 pathway Actual price data is VBM 124875 pathway Fade in/out at extreme divergences between price and its fundamental tone.
I didn't publish a few other calls I had on this stock recently, but going into Monday I wanted to share my setup. I'm mostly watching the 5m chart but have drawn in some much longer term levels which have proven important in this recent spike. Stock has a 7M share float according to Yahoo Finance.
This could be a momentary to two day trade. News of their eye spray cleaning product hitting Amazon.com without a prescription. Reverse splits and some stock dilution. Long term horse shit chart. Company makes no money, loses a lot, will still probably lose a long despite this news. Reward targets based on intraday levels but are basically unpredictable.