Everything is pretty much said in the chart, we first broke the local downtrend but resulted as a fakeout, we are now back to where we started the pump, around the 8.18-9 area, we just filled the gap down, now we have the freedom of going up, there are 2 big gap to fill at around 18 dollars and 22.5 dollars, but if momentum continues and we break the 30-32 dollars, there's nothing stopping it to go to the uppertrendline of this bigass 21 years megaphone, seems I got the call right when we were at 8 dollars area saying it would go to 20-22 minimum from there.
Medias are still murdering the stock, don't trust anything they say, I have the feeling that now we filled the gap down, if 8.18-9 holds we are just going straight up, up to 80-120 dollars, if it doesn't hold, then we might visit the 6 dollars range first to fill the other gap down but it's mostly unlikely.
I can already see the hatred comments or the "you're delusional blablabla" comments, but like it or not, it's pure TA and I really think this stock is not done, may some unknown catalyst boost the stock price it's an instant road to the said 80-120 dollars area (not speaking of the insane 80 jan23 calls that still are open)
Anyways, GLTA
Medias are still murdering the stock, don't trust anything they say, I have the feeling that now we filled the gap down, if 8.18-9 holds we are just going straight up, up to 80-120 dollars, if it doesn't hold, then we might visit the 6 dollars range first to fill the other gap down but it's mostly unlikely.
I can already see the hatred comments or the "you're delusional blablabla" comments, but like it or not, it's pure TA and I really think this stock is not done, may some unknown catalyst boost the stock price it's an instant road to the said 80-120 dollars area (not speaking of the insane 80 jan23 calls that still are open)
Anyways, GLTA
Comment:
Here's a link of my first BBBY analysis I did back in early August
