Above $300, I am not worried for bullish daytraders to generate more profits in the near future.
Therefore, profits should be taken above. Even though I don't pay much attention to such psychological brands.
But I fear the market does - the majority of the other traders. So I wouldn't be surprised if we suffered sustained pressure over the summer under USD 300 in this stock as well.
Anyway, basically I'm optimistic about $300.
But below that, I can very well imagine lower prices so that I can get in even cheaper in the long term, for the next year. That`s why...
> $300 long, for the next days (through summertime 2021)
< $300 short, for the next days (through summertime 2021)
how ever, the big picture don`t change yet - if i am not wrong
may the price action is with U:
aaron
Therefore, profits should be taken above. Even though I don't pay much attention to such psychological brands.
But I fear the market does - the majority of the other traders. So I wouldn't be surprised if we suffered sustained pressure over the summer under USD 300 in this stock as well.
Anyway, basically I'm optimistic about $300.
But below that, I can very well imagine lower prices so that I can get in even cheaper in the long term, for the next year. That`s why...
> $300 long, for the next days (through summertime 2021)
< $300 short, for the next days (through summertime 2021)
how ever, the big picture don`t change yet - if i am not wrong
- short-term bullish above 285 USD
- short-term bearish under 285 USD
- mid-term bullish above 265 USD
- mid-term bearish above 265 USD
- long-term bullish above 235 USD
- long-term bearish above 235 USD
may the price action is with U:
aaron
