There are both technical and fundamental reasons this breakout is imminent and $100 is an easy target short to mid term. Notably $100 is a conservative target. The news in the social media “metaverse” is about to get even more interesting.
Set your stop loss below $50 to be safe, below $60 if you’re playing this tight. Potential gain of 50% and potentially only...
Now that we know the virus is not going to get even remotely close to what the models were projecting (for now). I think it’s relevant to compare this V-shaped price recovery to the December 18 market plunge.
Dec. 03 peak to Dec. 24th trough = we plunged 17.10% (in 3 weeks)
From that bottom to Jan. 18 peak = we rebounded 14.74% (25 days)
-->We recuperated about...
