ChArtWorks_TechnicalArts

Don't fuck with Kemet the Bearish TransCrab

Short
NYSE:KEM   None
Good fucking morning ladies and gents!

It appears Kermit the Frog had a sex change operation to a Bearish TransCrab and is currently awaiting a medical procedure for a major retrace to the downside to fuck everyone that is fomoing right now. (More than likely of course). You are currently at the golden mean ratio where pending price reversal is at a significantly higher probability here. You are forming Class A Bearish Divergence on the Daily time frame at a critical resistance point. Too many overwhelming variables here and one of which I haven't mentioned is that you are currently overbought on the Daily RSI. I definitely feel safe taking a shot at a short on this at the current price.

Entry: Between current price and $27.93
Exit Targets: $21.92 and $20.58 for Common Targets and at A and C of the Harmonic Pattern. (Least likely but possible)
Stop: $28.88

No transcrabs or frogs were harmed in the making of this post.

Join our Free Telegram Channel: t.me/ChArtWorks

We are a new community growing day by day in hopes to accomplish a trading premium group by December 1st of 2019.

Subscription prices are $99 a month, $499 for 6 months and $999 for a year. We give the best possible technical analysis with a touch of art work to it hence the name "ChArtWorks" ;). "We remove the hard work from your end and just give you the trade set ups along with education." Don't let the prices scare you, we give TA free too! But the most benefits are in the Elite Channel.

50% off all Contracts for Military Veterans and Active Duty Service Members, just provide your DD214 or Military ID for proof of Status. Discharge Type is completely confidential and does not need to be shared. I am a Marine Vet myself and I will not share any information regarding Military status with anyone else.

Feeling generous and wanting to show us love and support? Donation addresses are listed below

$Usdc: 0xe3b95b4575d6456D090ac24Ad4DC8D46C9c97b2C
$Bitcoin: 3Jg9ng234aJdgz3zzt3iCyeb124eAmKs5N
$Ethereum: 0xd251Cc3b78e92191B5dEC4E0D2f2acDCa5B33599
$Litecoin: MRHupJeTegPM2a8AJewC3B1oqq7Mpjr1MK
$Xrp: rw2ciyaNshpHe7bCHo4bRWq6pqqynnWKQg
Tag: 2183371567
$Bat: 0x9b95E0Bd4556dbb0b407B32f43B923607b896F48
$ChainLink: 0x559d92B08D72Fe20B0aF063ebE59ead6612c2b00
$Dash: Xq5kCnMknHrknC2ipw1JGuRcdbDtbTSqWU
$Beam: 553e2b176e611674559f92b8fa10f5d129bd80acd14fb5f8d6e387ab4f0b281144
$XMR: 4DSQMNzzq46N1z2pZWAVdeA6JvUL9TCB2bnBiA3ZzoqEdYJnMydt5akCa3vtmapeDsbVKGPFdNkzqTcJS8M8oyK7WGj2kh3ajCzSUSAQTr
Comment:
Fyi, Kermit was a frog, not a crab
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.