- Starting to form a flag on daily. Has been volatile in the selling zone, but all the dips to 10.50 have been bought so far.
- once it breaks above 13, likely to see 19 real fast for 200DMA cross.
- If 10.5 goes, next stop would at 8 and 6.
Trade active:
Just as expected, really pushed hard on the hold of 12.60 yesterday. Now any news and short squeeze should propel this higher to 19
Trade active:
Bingo!! First target reached. I don't see how this is done. Short squeeze is just starting.
Comment:
This might actually go to 53. You heard it here first :)
Comment:
Keep things simple now.
Two scenarios:
1. It continues to rip to 53 next few days and then gets shaken.
2. backtests 20 zone and forms another flag above for continuation higher.
Notice how chart always leads the news :)
Two scenarios:
1. It continues to rip to 53 next few days and then gets shaken.
2. backtests 20 zone and forms another flag above for continuation higher.
Notice how chart always leads the news :)
Comment:
Here is why that 20 zone is critical for either side.
Comment:
Moving up nicely. Next up 39.