Thank you for the post! Much appreciated again. Thankfully have some leverage on viacom so I will be watching for a drop under the $22-21.5 range to see if I close/minimize my long position. If viac breaks $26 I think it could run (just based off that major resistance level)
Thanks for the post again!! Hopefully we see that dragged out wave 4 and a sharp wave 5 jump short term :)
bosshogslayer2
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$12 will never happen!
rigorocks
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@bosshogslayer2, unfortunately there are huge players dominating these markets using computer software to trade.all you can do is try and spot them then follow behind them.once they start trading in a direction they can take any asset to zero because they have no emotion.it can never be ruled out.look what happened to oil this year, it went negative.if you watch my USOIL video analysis it hit our algorithmic target that was in the negative and then shot up back into the positive territory. All possibilities are on the table.our job as traders is to narrow it down to 2 or 3 probable scenarios
breakthroughtraders
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More importantly, I can't see the price range of your "if bull green box" --can you share what the range there is?
Thanks for the post again!! Hopefully we see that dragged out wave 4 and a sharp wave 5 jump short term :)