Let's see if we get a third bounce off the trend line...
That trend line is easily in play from now until the end of the year.
We also have good confluence with the .786 fib extension from the ATH in January 2018, to the low in March 2020, and to the high in May 2021.
A touch of .086641 at the .786 fib extension has a good probability.
Still working on the premise of a weaker Dollar for another couple of weeks.
However, I don't think the DXY drop will be as severe as some of the publications on-line are suggesting. From what I have read the general consensus seems to a "pick me" year should we tackle the Covid-19 situation. However, that play is too obvious. The top earners accelerate their...
When I first got back in at the beginning 2020 at 560 satoshi I did not realize yet that it was THE bottom for Stellar !
So I got shaken out of it during the "COVICRASH" in march 2020.
Today I realize that XLM is basing out beautifully and preparing for a BIG move (big base - big move). SIDEWAYS PATTERN FOR ALMOST 12 MONTHS !!
OBV is rising consistently.
Volume is...
NASDAQ:AAL sitting comfortable inside the falling wedge. I am expecting/hoping for an upside break. Conservatively, I am targeting $40 if AAL breaks out of the wedge. Otherwise a correction to $29 invalidates this outlook.
