To continue from my previous thread from a while back.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
Comment:
PFE accelerating to the downstone and rejecting from the 200DMA with a wick - currently a gravestone doji showing heavy short pressure coming in. I'll just hold this short as others and come back in a few months i think- looks like much more downside to come even if it bounces.
Comment:
Took a while but heading into the real bear market now.
I'm somewhat quiet on TView for now but you can find me pumping content every day in my Telegram Trading Group 🧐
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
Part 2 of the fortnight video now uploaded to the group: 27th May - Crypto focus😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
