Very bearish.

This thing is bound to go red and hard. This is one crazy chart and once the profit taking starts. Its gonna be crazy!

Bình luận:

Original post was 4/17/19, Here we are at 4/21/19 down roughly 16.5% from my original point at what I believe to be a crucial level. Aciton is now at the right shoulder break or rebound point. Keep this on close watch if this rebounds and makes its move to higher highs or breaks the level and moves towards its next level of support at around $2 and 1.57.

Good luck and safe trading!

Bình luận:

Sorry. Correction from down 16.5% to actually down just shy 19%

Bình luận:

Folow up to previous updated comment. as mentioned that it could break or rebound, this rebounded of support beautifully and with force off the shoulder break line at 21%.

Giao dịch được đóng thủ công:

This actually worked out beyond my expectation. Rode the short for a 13% gain. Went bullish when it forcefully bounced off of support and made an entry which I have no cashed out of for 30%. All in all it was a gain of roughly 44% on both sides of the trade. This could go blue sky but I am out and happy!

Bình luận:

Very happy with this trade and not hoping for blue sky. Always take profit.