Please see attached similarities between RSI and market movements in early 2013 IPO of Facebook $FB, and early market movements of $DRIP. I see long term weakness in S&P500, till mid 2019 at least. Oil is going lower too.
I can see $30 $DRIP by mid-January, and $68 $DRIP by March to June. But this could go back to IPO too, but that will take much longer, (5-10 years).
Could be wrong, invest at your own risk. I'm just some guy on the internet.
I can see $30 $DRIP by mid-January, and $68 $DRIP by March to June. But this could go back to IPO too, but that will take much longer, (5-10 years).
Could be wrong, invest at your own risk. I'm just some guy on the internet.
Trade active:
Comment:
Trade still active. Aproaching $16 resistance, possible minor correction here, next target ~$19.
Trade active:
We are approaching my TP of 19, broke through $16 with a little resistance as expected. I expect the graph to meet great resistance at 19-22 range.
Comment:
Consolidating for next rise to ~$33 Fibonacci level. We could hit this in the next two weeks, no later than February 1st.
Please see my VIX chart for further details:
Please see my VIX chart for further details:
