Hi, Any idea on the timing on this? Is your chart representative of the timing-- in May?
What do you see the price target to be on this? Is your chart representative of a $90 pt?
I'd love to see another spike that high!!!
RizeSenpai
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@Melvin0, The timing would be on Monday when the Markets open back up we already got out first positive island on the weekly MACD that's our signal to get in the target would be 90 as that just seems like an obvious resistance I honestly could see it going even higher than that but i wont overstay my welcome in this long. You can see the SL and TP shaded on the chart.
Bearliever
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@RizeSenpai, ANy ideas why the explosion in recent volume. Why does it always seem like a large force knows something is about to happen before it happens.
Vibranium_Capital
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@dcast0407, its people trying to get in early! it might not happen, then theres just more bagholders
RizeSenpai
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@dcast0407, It's not 100% coincidence I believe that the ones who move this market do hedge against themselves right before making big moves, it's likely that some market movers are building their long positions on volatility stocks as the begin to build their short positions to dump this market.