Facebook (FB) in the morning went through previous high at $59.56 but than reversed and gave us tactical entry with Short option. That was point where you make adjustments and should react quickly as market stays in range-bound mode. After it came from $20s to $70s and then was sold off to mid $50s it enetered into wedge/range and recent action became very...
Big Picture: US markets are strong, so I like long ideas. Despite, this stock looks weak I think if market break up failure scenario will come into play money will rotate from stocks that are on highs to underperforming stocks. And if market will continue showing strength momentum will cautch up this stock as well. This technology company grew up from $20 since...
After a big move up it found resistance at $1.69840 and now flagging near lows of that range. I got a feeling that it will resolve to downside but will be patiently waiting for trigger and will initiate SHORT position on break of that flag ($1.69650-670) and expect to see some momnetum down. There is no well defined level of support confirmed by price action, so...
As everyone knows, except for in the most cataclysmic of circumstances, long-term trend signal always trumps short-term fluctuations, in a stochastic dynamical system. If that rule is being violated, the reasons are likely psychosomatic. •Empirically, there has been an exponential, global, lower bound of support buffeting Bitcoin's long-term uptrend against...
possible scenario. Chart is autodidactic.