If we do what we did after the last 1200% pump, this is what would happen. We either hold here or dip a little bit more before a relief bounce. Comment below with questions or thoughts.
Curious what everyone thinks - let me know!
This is not financial advice. I expect MO to Fibonacci retrace to the golden pocket area (.618 - .65) and bounce off where we had previous resistance (a weekly and monthly level of significance). Placing buy laddered buy orders from 48.91 to 47.82 is my idea. There is a chance price dips below the .65 into the liquidation zones a bit below. Set your stop loss...