The last trade went great with hitting the TP as planned - I do however have a long term holding which I will continue to hold as an investment rather than short term trading. ARB has seen a significant pullback since hitting that TP level but appears to be taking a much deserved & healthy break with it currently appearing to be retesting the 0.5 level. If BTC was to have a sell the news event then this may impact the ARB price and push it below this level but for now I'm strongly considering re-entering from the 0.5 level as I am long term bullish on the stock for 2024. Whats your thoughts?
whats your target for this heading into the bull run for btc?
MarketTycoon
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@Winks01, 0.81 is my low end target with my next level of interest being 1.37; i'll be laddering out from 0.81 onwards but once it breaks 0.52 i expect it to really start running as there isnt much history in those areas it went straight up then straight down. on the current move theres been good interaction with the middle upward diagonal plotted on the fib which has seen some slight bounce but if we lose this then my next ladder into the long will be 0.183
what are you thinking? this is always a volatile stock but with ordinals and bull run the mining stocks could be a nice play.