I tend to prefer a balanced scenario. Let's look at prices in the next week , in case of a slowdown in the trend, I expect sales to 2300. Despite the above in both scenarios there is a possibility to do profitable deals.
Scenario 1.0: Short from 8000. Pattern: Expect a false breakout of 8000 (best case - closing above 8000 on the daily chart by next week) Also expect a decrease in the angle of the uptrend during this week and a move to downtrend next week.
The 1.0 scenario has accelerated somewhat... I recomend to search Short today or tomorrow, on the u-turn structure intraday (m5-15 timeframe). Oprimal price - 262.5 or Higher Please Like & Comment 👍
Please read the trading strategy on the chart. Scenario 1.0 - on the chart Scenario 1.1 - the 1.1 scenario will be updated after the first one is implemented Please Like & Comment ✍
We will trade long in the range $140 - 150 amid to gap overlap. Target will be $190 / 200. (+30% potentially)
Within two weeks we expect short opportunity after false breakdown - $46.5 / 47. Our target will be $38 during Febuary and first half of March (+18% potentially). After $38 we assume the trend will change to long up to $50 price target (+30% potantially).
Strategy #1: Short - +37% Throughout the down trend price need to be traded in the ragne (160-170) since March to Aprile. Short after false breakdown 170 with price target 100. Strategy #2: Long - +30/50% In case of change to long trend, price will need to make fast break down 155 (below local lows) after that return to 170 support and reached 200...
Scenarion #1.0: Gap closing case Optimal price for S:1.0 Short price - $261.3; SL - 277.8 (6.3%); TP/Fix - 212 (19%). P/R ratio - 3.0 Scenarion #1.1: Rebound from low and potential growth Optimal price for S:1.1 Long price - $202.3; SL - 178.2 (12%); TP/Fix - 275 (36%). P/R ratio - 3.0 P.S The scenarios #1.1 will be considered after the #1.0 is implemented -...
Scenarion #1.0: Long after updating the minimum (137.3) Optimal price for S:1.0 Long price - $146.9 (or lower); SL - 135.9 (7.3%) - min; TP/Fix - 179 (22%) - min. P/R ratio - 3.0 P.S Will be updated in case of a high risk of falling below $136 Share your vision on this stock in comments below.
Scenarion #1.0: Short from current level or higher Optimal price for S:1.0 Short price - $29.5; SL - 31.3 (6.5%); TP/Fix - 23.9 (19%). P/R ratio - 3.0 P.S The following scenarios will be considered after the #1.0 is implemented - check an updates Share your vision on this stock in comments below.