*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
This afternoon my team purchased shares of Chicken Soup for the Soul ...
I see the recent rally of RDBX, which is a self-service rent or purchase new-release DVDs and Blu-ray Discs, as a return to the meme stocks.
RDBX went from $2 to $11 in just 10 days.
If we consider only the technicals, then the stock should reverse from the Fibonacci 0.618 level, which is $6.36 to $12.70.
I`m not in this trade though, the valuation is too high...
Gold looks very bearish along with silver.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates potential support/resistance .
Green line indicates t/p.
Arrows indicate the overall trend
This is a log chart.
This chart is made using fib channels.
This is not financial advice. All charts shown on my page,...
