I know I said I wouldn't say anything till we got back, but just look at that. Still didn't sell. I don't need to sell for expenses anymore. I'm waiting to see what happens. Hopefully $1M floor isn't a joke. 172 @ 50.23 PT Infinite
Its exponential moving averages are completely congested, it will soon be looking for a way out in some direction. It has a descending volume, which can make it more sensitive to any sudden movement. Anything can happen with this stock. If it goes up, I think it would go to at least $350 and if it goes down, it may drop to $100. In the last 2 occasions the...
The two red lines are parallel. Intriguing, especially considering where we are right now price-wise. The price has to go down tomorrow to continue the downward trend. If not, we're in a new upward breakout. Oh, and stop eating fish.
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So, the red key there I put next to a segment of red line. When it comes to these pennant continuation patterns, my understanding is that when they complete they go up by roughly the measurement of the left side (flat side) of the pennant. That segment of red line is the same length as the green arrow over on the right. What I'm thinking is that the pattern...
Still in bear channel, expect unwind to accelerate unless some action causes it to break out of channel. Needs to cross the upper red meridian for a new channel to be active, still responding to the downward channel for now.
The previous trends, both the upward and downward trendlines, have failed to predict the price action. I took away everything except my Gann Fan and one reliable trendline. At this moment I believe we'll see a bounce on the 24th. It could be somewhat jarring.
I believe that with GME... We are witnessing a complete failure of the MM to control the SP... A true free market. It appears that the squeeze has not been squoze... Retail Impulse Wave 3 is coming.. You must hedge in the "real" market. I have forecasted that SPY will correct in Mar-Apr. and institutional liquidation due to another impulse wave in the BANG...
Video update on $GME! BID got slammed today, but recovered nicely. Whats next??
What a ride it has been so far for $GME this month. It is like an actual roller coaster: from having January flashbacks with insane gains, towards a huge sell-off within minutes. $GME has been haltered several times today where we experienced a 50% drop within half an hour. Since then, it recovered and hovers around the ~ $260 area. These developments are crazy,...
I'm going to start off with, I told yall so. Now that that's out the way, we are leaving my area of expertise. I got a warning placing a trend line alarm that I should switch to log, and that's when I realized I'm just along for the ride. After reading through everything I have, I fully believe this thing is going to the stratosphere and I'm proud to be along for...