About meStill working full time and just started to learn about stock market. TA looks interesting and I love looking at charts and figures.. My goal is to secure and hopefully increase my pension before 58..to be able to live the life :)
Joined 8 months ago
After a long consolidation, TTPH is showning a hh.. if we break the 6.1 we have the second pivot at 9.2. a huge potential.. But note there is a huge potential risk on the stock too.. I will be careful.. we probably expect a retrace back to 5.25 or a breakout of 6. and then a retrace.. will see
Last eruption of WEED was during nov 2016, A retest of the high was due yesterday and today after earning we se a re-bounce of Fib 50. I take the trade and with a 6% SL but with a 3 time R/R ration,, This is my thinking
Given the fact that RSI will continue trending TRGA will overcome the Resistance area 56 - 59 and if it does the first target should be the upper trend channel where also a little resistance exists at 61-62, A second and final targe should be > 83 - 93 major resistance.
Trade will be activated > 104. SL below the latest re bounce.. Wave five is active is I calculated correctly.. Target is just above the pervious wave 3 top, but I shall watch if there will be any resistance prior to 110..