Goals 2.50, 2.54.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more bdr
han mere fractally evident and therefore statistically likely levels that the market will go...
The fundamentals of RHE have not changed........I continue to see it as a strong MEM stock. One of the many characteristics of MEM shares is intraday liquidity. An elevated intraday trading volume should be quickly satisfied by market makers. In the event that this is not met for some reason, the price movement of the stock can suddenly take on extreme values....
RHE another significant(1000%) pulse increase. The RHE chart is a strong momentum rising price movement. I have written about the reason for this several times. The fundamental reason is the price formation of the brokerage firms quoting it. The RHE is a typical "meme stock", so it is unnecessary to look for an economic or other fundamental reason behind the...
Tomorrow (10/09/2021) we could experience the confirmation of the initial phase of wave 3, since today the price could not penetrate the zone of the lows that RHE left on September 7. This is a possible signal to enter in the purchase of the fractal major: it began with the low of August 17, in September 31 completed its first wave.
The key is that in the morning...
Let's start at the beginning. What is a meme share ? The meme share phenomenon is caused by groups of people on social media who are constantly taking long positions to raise prices. Since they are not backed by mutual funds or individual large investors, the sudden rise is followed by a slow fall. The meme stock phenomenon is triggered by a combination of...
RHE before the rise. I have already made several analyses on shares of Regional Health Properties Inc. I have explained why it meets the criteria to be considered a "meme stock". Those technical conditions have held since then. Currently, the price movement of the stock is in an accumulation range. In parallel, the current wave sequence is in a fractal...
RHE to rise further. The analysis shows that the price movement is in an accumulation range. The current accumulation range is twice the height of the previous accumulation range (yellow square). This is the basic rule of the fractal. The conclusion is that if the accumulation range is twice the previous one, then the post-accumulation upward wave sequence must...
Former runner and setting up really well. Would be a potentially nice entry over yesterday’s highs. This is one of those charts where the stock can literally test all time highs out of nowhere, but the moves are a bit sporadic so need to be camping for intraday consolidation and Level2.
$RHE Target 18.65 for 34.37%
Or next add level is at 9.01
Looking good here on this short hold so far... if it goes the other way for whatever reason I will double position at 9.01
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1%...
$RHE Target 18.65 for 34.37%
Or next add level is at 9.01
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first...
RHE before a significant rise. The analysis also shows that the price action is correcting back from a near 200% momentum rise. Its size is 61% of the momentum rise. It is also observed that there is a fractal relationship between the two wave sequences. So the size of the wave sequences in the second fractal is twice the size of the original fractal wave...
RHE this year has been very responsive to when the Daily candles reach oversold conditions, we have seen that an increase from this position is likely to occur in the next few weeks.
RHE accumulation with a 17% drop. A technical correction may be ahead for the RHE price movement. Nevertheless, there is no reason to panic. It can be seen that an accumulation range is being built. Its width could be twice the size of the previous accumulation fractal shown in the chart. The lower level of the correction could be around 14.60 usd. This is an...
