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bossmodetrader
Mar 20, 2021 3:16 PM

VWAGY - $80  

Volkswagen AGOTC

Description

I will be honest, I lost my patience waiting for this pop and locked in 20% gains around $25 instead of 100%. Still think there is a chance to hit $60-90 if momentum continues unless we get a classic Eiffel Tower set up. I am not playing it as there are better set ups for me to play.

Recent VWAGY news and aggressive pursuit of EV market share only added to the technical set up that told us back in January it was a runner. Didn't even need a catalyst to make it run but seems like it sped up the process.

Whoever held on to this rocket ship - congrats. If you a paper hands like me congrats anyways as this was a "not possible" to loose trade. A lot of times you get into something and it dips before it takes off, not this one. Tape was clean and didn't do any fake out moves, didnt have any bull traps even during March sell off.

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