This was my last cup and handle call. The way the handle stretches out horizontally is interesting. The cup and handle broke through resistance and made close to 25% gain from the bottom of handle, but TRX is now using the old resistance line it broke through as support. Let's see if it holds or if it breaks through support.
Comment:
The flash crash is most likely due to margin traders closing their long positions in fear of the market going down, but who knows.. Craziness.
Comment:
***A 100% drop playing out throughout the rest of the year is still very possible. If you ask me though the bullish risk to reward on the long term is mind blowing. We are in buying territory on the long term.
***Always remember to pay homage to the gang, and keep movin that bread. \w/
***LTC TIP JAR: MNW7HLttWjNzwEEMsDYpMNEUWi1Kct6vVr
***Always remember to pay homage to the gang, and keep movin that bread. \w/
***LTC TIP JAR: MNW7HLttWjNzwEEMsDYpMNEUWi1Kct6vVr