If history repeats itself, a major black swan event (like a cyber attack) will bring this stock and the whole market down with it. AT THAT POINT, I will definitely invest some money into this.
Very good idea! I really like your videos...they are very thorough. I think we will see the market breakdown starting this week and once it breaks down will probably last at most 3 weeks before heading back up in Feb/March/April. After April I think we will see a slow downtrend form but not a crash as smart money begins exiting the stocks they are hiding in (Amazon, Google, Facebook, Apple). I think we are in a market distribution pattern and will be there until April timeframe and then who knows how long the slow downtrend continues...maybe into the summer and then we see a pickup but I think one we start the overall downtrend it will be a while before we are back to these highs. But this is only my prediction...I just can't see us next week going even higher by weeks end with all the calls out there that still haven't been executed. It feels like we just went through a short squeeze and FOMO over the last 4 days. There appears to be very few puts/short left at this point.
From my analysis of Fireeye this will need to stay above $16.50 to still be considered bullish, correct? if we see a correction on this stock due to an overall market correction over the next couple of weeks, I'm thinking it might go as low at $15.30ish with a wick but is your buy zone $15-17?
Hey man, from the time the video was posted, it fell to a Low of 21.88. Does this mean it'll be moving similar to moderna? really impressed by your observation skills!
@John_K21, Hey, it hasn't really moved for 4 weeks; just been consolidating, forming dojis. so MAYBE its possible it just rallies from here ? I personally though would wait for a re-test to the mid teens level to enter. That way my downside risk is extremely low and IF i happen to be right, that would be an amazing entry point
cheers !
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From my analysis of Fireeye this will need to stay above $16.50 to still be considered bullish, correct? if we see a correction on this stock due to an overall market correction over the next couple of weeks, I'm thinking it might go as low at $15.30ish with a wick but is your buy zone $15-17?
cheers !