Holding resistance as support @ $12 range. If this fails, It is possible to hit $7-$8 for support. Currently sitting at the bottom of the right shoulder. Could we have a nice W pattern setup? Can we recover to $30? Watch the current positioning, if this drops below $12.50 we can grab our scuba gear!!!
Trade closed: target reached:
$12.50 Hit, hope it sticks its landing. Good luck, set your stop loss now just in case we go Diving to $8
Trade active:
$13 is now our psychological resistance level to break. Moving past $15 is the next hurdle. Watch out for a retest and break down to $11 range if we can't push past $13.30 area.
Comment:
Triple top on 1hr. Chart, good idea to set ur stop loss around $12.50 incase it dives
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Previous highs on the daily in the red box looks too similar to where we are now. Just an observation.
Could likely drop given the bearish market.
Could likely drop given the bearish market.
Trade active:
Currently sitting in the last 1/3 of descending wedge, watch for possible fakeout to the upside. Looks like we may be heading south
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That was our fakeout if you were watching. Look for a Quick wick to $10 area. Grab it at the bottom if you can.,...good luck!!
Comment:
PROCEED WITH CAUTION!
Comment:
#CHAINLINK
Struggling inside the box. Chainlinks futurex is determined by the RSI north or south of the center of this HASHTAG
Struggling inside the box. Chainlinks futurex is determined by the RSI north or south of the center of this HASHTAG
Comment:
41.43 on the RSI DETERMINS NORTH OR SOUTH FOR CHAINLINK
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NAILED IT!!!!
Trade active:
Onward and upward, must close and hold support above $12.77 to confirm uptrend.
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Comment:
This is the 4hr RSI TIME FRAME, sorry , I seriously thought we hit bottom
Comment:
UPDATE TO NEXT DROP SINCE BOTTOM WASNT CONFIRMED PREVIOUSLY
Trade active:
IDK, MIGHT JUST SELL NOW AND WAIT TILL END OF MAY, POSSIBLY JUNE.
HIGHS $15 LOW $8.
HIGHS $15 LOW $8.
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Here comes the $10 dip !!! Grab it while you can!!!
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Did you catch it? One for opportunity next week....
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Possible support found @.382 fib. Looking to test $14.35 for support. If $10.95 doesn't hold we could possibly see $6 area.
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A solid hold above $12.15 puts us back in a probable uptrend. A drop below confirms a retest of previous low hitting $10 or below.
Comment:
Sorry guys it's 1 pm cst, mis -counted the time frame. Here's the drop possible $9
Comment:
Double bottom on Daily Chart, it's a weekend so expect slow momentum upward..looks promising when the market opens on monday. Expect a hight of $9 -$11 before retest of $8
Comment:
Next pump incoming, retesting $9 for support. Possible long opportunity $13-14
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Perfect buy opportunity, double bottom present on 4Hr chart.