About meI´m a 15 year old boy, that´s interested in entrepreneurship, politics, sales and investing in stocks and real estate. Im obsessed by learning, and i´m not afraid of stepping out of my comfort zone.
The last years stock market looks a lot like the period from 2015-16. The stock market had two major dips. The top between didn't break over the last top. Looks like an abcd formation. Do we continue up again this time? ABCD formation inside ABCD formation.
Novo will soon hit prev. high. It's a strong resistance line. A cypher pattern is also nearly clear that also can make it go down. Also hitting the 1.414 fibonacci number from previous high to low. MA 200 also started trending down.
Shorting at 355
Stop loss : 377.5
Take profit : 310