Have been watching this one. Thinking this is a good entry, not too big, so holdable, for now, if wrong, or it it moves up, stop at break-even.
Looking for equities to strike a short-term bottom and pullback, then continue down. In the meantime, I think GME will catch the progressive retrace and rally, but when equities sour for the next many months, I think GME could thrive. Should be choppy, but over the correct horizon, I think there is long profit, here.
Looking for equities to strike a short-term bottom and pullback, then continue down. In the meantime, I think GME will catch the progressive retrace and rally, but when equities sour for the next many months, I think GME could thrive. Should be choppy, but over the correct horizon, I think there is long profit, here.
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Ended up stopping out at B/E when we moved south. This count is in no way invalidated, and in fact looks even better with a full 5 waves down for Micro C. I am going to restrike, Monday & Tuesday.
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Poke higher, and just a little, then a retrace to the 17s, or just retrace to 17s from here, but we have an impulse for what appears to be a Micro ((1)), up! New low would invalidate.
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Like I said, retrace to 17s, structure dictates that I be a buyer, here.
Best, Cuz
Best, Cuz
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Prime. Bottom of the circle. PERFECT Corrective Minuette (b): a b c:((1))((2))((3))((4))((5)). Nothing invalidates this but a .236 +++ Retrace, but not higher than Minuette (a) , and THEN a move lower.
Hard to set stop, here, but, AND I MEAN, how much lower could it actually go? 0...IDK. I will take that 13 dollar bet.
Hard to set stop, here, but, AND I MEAN, how much lower could it actually go? 0...IDK. I will take that 13 dollar bet.