All those lot, you know who I mean - that crowd that thought AMC would smash through $100 and probably more...
But with RSI hitting 90 this drop really was not hard to see coming.
This is looking like it will be a 5 wave collapse at least back to 0.618 retracement @ $7 for a 1:0.618 Z wave, but I think its going to be the complete capitulation down to $4. If it has a bounce I will reassess but more downside to come I'm quite confident.
If it gets there I'll be looking to complete my first "rinse and repeat" cycle selling NOT buying LEAP puts as I did last January and buying them back when all the apes come rushing in. 🦍🦍🦍
Not advice.
But with RSI hitting 90 this drop really was not hard to see coming.
This is looking like it will be a 5 wave collapse at least back to 0.618 retracement @ $7 for a 1:0.618 Z wave, but I think its going to be the complete capitulation down to $4. If it has a bounce I will reassess but more downside to come I'm quite confident.
If it gets there I'll be looking to complete my first "rinse and repeat" cycle selling NOT buying LEAP puts as I did last January and buying them back when all the apes come rushing in. 🦍🦍🦍
Not advice.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.