Took a short today per the post below and looks like we are getting similar analysis from oppenheimer www.tradingview.com
Per our previous post below, i think the correction is over and i have initiated a small long position.
Entered at $47 and closed the trade at $65. I think it finished the Wave 1 of the reversal and now will be spending next few days in correction. This correction can take it back to $49-$51 range where we will make the decision again to go long.
I don't think the trend has changed yet, there needs to be another leg down before we start with the next move. BTW we shorted it here.
I love this stock, so far has been following the plan we have been shared all the time.
This would be a good one to just keep it in the portfolio. I think the price is right to enter.
While we were all expecting another leg down below $27 for a correction, this has proven us all wrong. High volume and a breakout, tomorrow could be a long green candle day.
This looks tired based on the divergence and may be a worth taking a short for correction.
This has gone according to the plan shared below but its time for it to rest and be in correction for Wave 4. Any longs can now book profits and enter again later.
Corrections is done and we are ready to go again for the Wave 5
As shared in BNTX post, MRNA Shorts were busted and planning to go long again.
Well, i expected a deeper correction but the news flowing around are too good for both BNTX and MRNA and it hasn't taken a deep dive i expected. In fact, i see BNTX doing another run up now with the start of this Wave. I will post the MRNA chart as well. PS. i did loose some money on MRNA shorts in the last few weeks. Planning to go long soon again on these.
This one has more fuel left. Longs can continue at this point.
Making a final leap to complete the Wave 3. It can extend beyond the marked point but anyone on this should book profit at 54-55 range.
I think NVDA will be done with the current rally at around $235 and and start its Wave 4 Down. I will be keeping an eye on shorting oppty.
I think this has more potential. Very risky but liked the chart. PS: i am not trading this, just thought of sharing.
I think we may have bottomed out here and should see some upside. I am not very sure yet that the overall correction of this Wave 2 is over yet though. Need to see the price action and there might be an oppty to open a long here.