This is my first 2nd-month trading and 1st post please take with a gallon of salt. I used three pitchforks to track resistance and support: Original, post-COVID drop, and after protests. Just before the protests the stock price realigned for the two pitchfork projections restoring normalcy then spiked due to protests and passed 52 week high. The 5/13/20 week moving average shows the price is still going up today. I believe it will go up to the 5 year high of $76 before starting to go down again.
Anecdotal opinion: most people I know use their guns more during the summer possibly also supporting price. It is American to have a gun especially if your town no longer has a police force you can trust (or even has one).
Summary: I think you can still buy but will sell above anytime $76 or after July 4th
Anecdotal opinion: most people I know use their guns more during the summer possibly also supporting price. It is American to have a gun especially if your town no longer has a police force you can trust (or even has one).
Summary: I think you can still buy but will sell above anytime $76 or after July 4th
Trade closed: target reached:
Happy July 1st !!!!
We officially hit $76 today so I'm out. But this was a breakout to the new high so im going to check back in after the Long Weekend.
We officially hit $76 today so I'm out. But this was a breakout to the new high so im going to check back in after the Long Weekend.