cgu001
Time to hedge your long position boys. Red line is the expected path.
Expect slightly drop below 8.00 and then reverse the down trend.
Nice move for TSLA today. It's better to get another higher low test at the purple trend line to solidify the reversal signal. Can not guarantee it will happen but higher low test is better for a healthy move.
Long time ago I made a post that Tesla was making a huge head. Now I believe that Tesla has bottomed.
The bear market has ended. BTFD is the only way. Don't expect there will be another leg down.
1. Fake breakdown and breakout in the past 3 days can wash out beginner trader easily. 2. SPY is highly likely to choose the direction before 8/16/22. 3. It's much easier for SPY to fall rather than keep going straight up. 4. Market will tell you which direction it chooses. Just follow it. Simple and easy !!!
I posted the road map of SPY on 7/4/22 and now it has reached 400 as what I predicted before, so what's next? 1. Here I provide you guys with another scenario which has low probability to happen. 2. Forget about the lowest bottom of SPY. Because no matter what scenario will apply, the point is to BTFD at the end of wave that I post. Simple and easy. Hope my...
TA professionals will find the answer in my figure. 1. I will expect a series of sharp and huge drops once TSLA breaks out the lower line of triangle. 2. It's difficult for TSLA to get back to its previous ascending cycle you saw in 2020 and 2021. 3. The plateau cycle will last for several years.
Be careful if you have long position. Purple box is the target region.
The green box region is the first target. We'll see.
Expect wave C to go around 400 before next leg down. Just for fun. Let's see how it will play.
Don't panic guys. The bounce you guys saw on 6/15/22 is just an appetizer. Main entree is on the way.
Relax folks, bounce is coming. Bought SPY call today.
The bounce is over. Be prepared for lower low. Even if you may see a bounce back to the lower level of the box, it will eventually go down.
The past week could have been the best time for a reversal. Unfortunately, SPY failed to quickly get away from 380 which suggests SPY hasn't found the real bottom. Even if we saw a strong bounce at 380.54 and possibly a few days bounce for next week, SPY will eventually go lower compared to today's low. Purple regions are the next levels to watch. When price hits...
FA: Don't fight the fed. The 2022 midterm elections is just around the corner. Now is the best time for Fed and wall street to save the stock market from crash. TA: SPY has reached around 380 as we predicted before. The next step is surely to see if there is a strong bounce. After I checked the crash pattern and SPY price deviation in history, I have a hunch...
Purple line is a short-term target price region at around 36000-37000. Personally, I bought a lot at around 30000. The best way to invest BTC is simply to buy and hold rather than swing trading.