Penny stock charting, looks promising with minimal risk
The title says it all. DYOR, I'm wrong a lot.
This is what I'm looking to play. Think this test of, and stop at, $40K pumps the breaks on this rally. I anticipate next week seeing sell-offs across all equities markets. Stocks, crypto and metals. But, I'm wrong a lot so DYOR.
I just crushed the XRP/XLM rally, adding 50% to my portfolio in less than a week. Will this sell-off treat me just as nice?..... DYOR, I'm wrong a lot....
Here's a potential pathway to $20K. After this strong rejection I feel another breather is in store. But as long as we keep upward momentum and trend there's still a good chance. I could be wrong, am quite a bit. DYOR
Assuming we pump like we did in 2017 LINK is my favorite token for a number of reasons. This is mostly for fun and me playing with my predictions (NOTE: real traders DO NOT "predict" price movement, they watch and analyze and take action given market movement. They don't "guess" what's going to happen, they react to what is happening. I'm just having fun :) ...
When we broke pennant support this week (which is now pennant resistance), I flipped from bullish to bearish. Only time will tell..... (This is not investment "advice", only my opinion)
The title says it all.
I do believe it may be 2017 all over again......
After one of the strongest silver pumps in recent history we may be in full correction mode. I think the chart explains pretty much everything. Happy to be sitting out after a few months of solid gains. Still believe this is just the beginning for silver but have exited all leveraged long positions and am sitting on miners and physical for long-plays with...
Just pointing out this fractal, it's been a near mirrored move. If it continues to play out we "should" grind back up to $12K only to get rejected good there. Will that be the plunge that ends this rally and sends us back to $10K range? Or will we hold like last time and surge again? Time will tell......
I'm still long silver, no doubt. I'm still holding all my physical and all my mining stocks long, and I think we'll see silver $100+ in a year or two. However, in the short-term, a correction is due IMO. This is what I'm envisioning.
After the rejection off $30 last week silver is determining which way to go. Potential head and shoulders type pattern forming. Let's see if US markets are strong upon opening. I'm HEAVY USLVF and UP STRONG! But, when your portfolio is 3x leveraged @ 50% allocation any decent move down hurts! Let's hope for continuation! I'm still long, but weary and ready to...
Bitcoin, like silver, has been strong. Rising wedge indicates a big move up......
Just like last night, we have another rising wedge on the 1H with silver. Where's this raging bull going to stop?
Silver is on a ripper. Looks like a continuation of the up-trend is likely. Time will tell. I'm long, been long. #USLVF #IAG #IMTFF #AG #MAG #JNUG #BCEKF
Be hard to believe we see a rise from this point forward. Five (yup 5) rejections off $10,000 range and a picture-perfect wycoff distribution pattern. We've seen wycoff dist. patterns break to the upside before, namely this past April, but this one seems more legit. 1D RSI downward channel, still well above 30 (43). 1D MACD crossing into negative territory. ...