Only stating to SELL GOLD your choice to execute. ONLY EXECUTE IF YOU SEE THIS POST EARLY ENOUGH AS THE PRICE STILL IS AROUND THE SAME PRICE MORE OR LESS. Check out my previous posts to check my accuracy.
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Imagine the smell of this legacy stock pumping to $500 in 2023 only to get everyone thinking bear markets over then huge rug to $2. I don't make the rules guys.
after the rally off our red box, just like everything else, legacies are tired.
should get a nice dump with a bounce around our blue box, if we want more upside.
Salesforce is looking oversold to me and is heading straight for a support level that previously was a significant resistance (look at that breakout once buyers broke through). RSI is showing this as oversold.
I am betting on a resistance to support flip and think this is a decent entry with small downside. Bullish on Salesforce as companies continue to rely on...
Comfy in my long, already in a good profit, plan to close it soon.
As I expected index continues to rise with all these stimulus checks, Fed prints and markets FOMO.
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We know it's wrong. We know it's unsustainable. There's a Corona Crisis. There's unsustainable growth. There are huge unemployement issues. Crazy deathrates.
Stockmarkets are surging.
No, it doesn't make any sense. But to make a decision on this trade when the price hit this support zone so beautifully we have to look at the data. Purely based on technical...
I don’t see 2018 lows being swept without a retest of 210 and as of now that seems to be unreasonably low. Expecting relatively equal lows off the 2018 level to build confidence at that level before its broken down mid to long term
The Three Pronged Approach to Kick-Start The Ecomomy
Welp... I called the dump.... which isnt hard when everyone else was saying it... and now I wanna call the DOWS Legendary pump I expect to happen tomorrow. This may be a V recovery... of course we have the check market structure for weakening at key resistance levels.. and to be honest the monthly chart looks...
Looks fantastic. All the talking heads and purmabulls are using the word "Recession" a little too much. Everyone is also saying we are nowhere near the bottom which is right but this means that we are ready for a bounce.
God Speed.
As I indicated in my update last week, that extremely low volatility combined with very high RSI seems to be kicking a dump on this fine Monday. Will the dump last? Quick buy back? Will we see a repeat of last year heading into the holidays?
The final trip down that led to the capitulation of 2018's dump started on Dec 4th, 2 days from now, which culminated...
Shit is about to get real in the legacy markets. Get your shorting game down fellas. Its gonna be a great rest of the year for shorts. If there is no Fed intervention and QE begins to prop up the market then it may hold up but I doubt it.. This is pressure that has been building up in legacy markets for quite some time now and I dont this that the capital flight...
