The 24.5 target was initially reached a little bit ago but there's been a bit of pullback since. The long is going to be adjusted to a new, longer, target - and soon. We'll go into that more when the market closes today. There is very strong support at the top of the channel's resistance which has us thinking the long can be significantly longer. To that point, a long call was taken.
Sorry i had to hide my indicator, its my own but, we are on the path up and its a clear up path.
Can we see 16 .. yeah, we can, will we see 100+ .. yeah we will.
small explanation on the TA..
fatter lines are EMA based on the (hidden) movements of an other indicator in there.
what it does, is, i made from a momentum indicator also a trend indicator.
Trend are the fatter lines (the EMA)..
The simpel rule here is, orange line, when crossing EMA lines are the buy/sells.
Enjoy..
BDRTrigger33
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@ThCTLo, Good look. I do trust a very long on this, but haven't tried to project its *ULTIMATE* upside at all.
ThCTLo
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@BDRTrigger33, ow i did,, and nobody will believe it.. ;-) but its good in the 4 digits.. only you need to have patience for it.. but it will come..
(check 2y MA mutilplier). ;-) stt..
SebastianMocanu
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Great idea,is todat the 29th still bulish for the rest of the day?
fumanchoo
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Probably not what?
BDRTrigger33
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@fumanchoo, It fell through the channel and hasn't regained its path since. It was overly optimistic, maybe, was my implication. We'll see. This could be an outlier, still.
Sorry i had to hide my indicator, its my own but, we are on the path up and its a clear up path.
Can we see 16 .. yeah, we can, will we see 100+ .. yeah we will.
small explanation on the TA..
fatter lines are EMA based on the (hidden) movements of an other indicator in there.
what it does, is, i made from a momentum indicator also a trend indicator.
Trend are the fatter lines (the EMA)..
The simpel rule here is, orange line, when crossing EMA lines are the buy/sells.
Enjoy..