I see a lot of people comparing this area to the 20k top in 2017. During this consolidation period, sentiment has ranged from extremely bullish to extremely bearish with only a small few that I have witnessed, publicly acknowledge the macro consolidation length and what it may mean.
In 2017, we spent 2 weeks grinding the top of the range before plummeting to a...
Random company. Midcaps should do well in the next few weeks, especially ones that sell to domestic US markets and have very little exposure to the trade war risk. Somewhat of confluence in this chart with inverted head and shoulder pattern on very high time frame, bottomed out RSI with a clean retest of the neckline.
this is either a good buying opportunity, or...
Rising wedge capping off a very long and extended bull run. Monthly time frame bear divergence on the RSI with room to unwind.
Target 1: 255
Target 2: 240
Target 3: 225
Targets listed in terms of likelihood.