Planning around the likelihood of a lower high followed by a lower low.
Position will begin to be scaled in once price is in the highlighted box.
Invalidated and exited if price extends to the stop level, otherwise left to mature.
Wish me luck!
Ryan Cohen has announced with his massive balls on his sleeve that GME will be seeking approval of a stock dividend along with a split. This is extremely bullish news along with the bullish price action we have been seeing the past couple of weeks. GME looks to be heading back up the upper trendline around 240$ area at the moment with momentum continuing up, If...
Looks like AMC broke out of the bullish descending wedge here on the daily, The minute it had first broke we ran up 34$ pretty quick. Now as you can see we are coming down to retest the the wedge breakout area, allowing the RSI to cool off due to it being inflated pretty quickly. I am personally adding to my position in this ticker at this time, If you are...
$1100 PT by July?
#Tesla's chart is a thing of beauty. As more volume has poured in going into #2021, I have started to notice specific patterns arise on $TSLA's chart.
Large runups a few days/weeks after earnings, consolidation into a falling wedge, and then rinse and repeat.
This is indeed a risky play, but Tesla tends to burn shorts when they least expect...
when paired, aud seems to get rekt by nzd when the US stock market crashes. since its already on a downtrend it offers some insurance. the us market is getting ready to pop (at least in my opinion) so this seems like the best place to put your money. This is not financial advice, I am 21 and probably drunk.
📌 Play continues with the next hole ... as in the previous ( with GBPUSD ) we will keep it to three main targets initially.
Now in Tesla's case, buyers are having to overcome some difficulties in development; the highs are optimally set with an island reversal, and so the tables can be turned. Timing wise this hole could not be better placed as sentiment...
War Room:
Testing range 25200/500
Aggressive Rip n Dip over and under new Support (?) of 25250/300
Watching commodities divergence
Exit rip n dip before last hour of US session
”A yo-yo means more doh.”
#Daily Bread Formation
#Ready Bears... Attack!
🔚
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