Even though being very sympathetic to the general idea of the worlds markets crash coming soon, i think one should not underestimate how; if we continue to have enormous increase in the supply of money and keep having rising prices; there is literally no reason for stocks to start falling. Just like gold, baseball cards, old computer games and records. Prices will...
Although having been bearish on TLRY most of the time, i today, stumpled upon this chart again and saw the falling wedge without even drawing anything.
Eventually we'll get a move down that closes within the lower blue line or something but generally this is very positive for the shorter term.
looking at 95-105$ range.
ps: yes, im charting this like a shitcoin
my idea here is that as bitcoin might have a last run up AMD will also experience a smaller % bounce back and as bitcoin might start to consolidate for a while with still a lot of relative short term outlook over the next year amd might jump on the bandwagon; or also for other reason might be a huge winner in 2018.
just some thoughts though, let me know what you think