Green line is the neckline
Below that..just be safe...Chart reads take your profits and run! Or you can just walk slowly away and try to squeeze a bit more out of this stock/completely up to you as so far we still have the freedom to buy most securities..well not GME or a few others that Wall St had huge money in on shorts..they do not like it when the tables turn on them. They do not mind shorting a company to death and ruining the company financially...and I am happy folks caught on (o: They deserved the short squeeze! I think they are planning to shut down the forums where these traders communicated..
But charts can be wrong/just like people can be wrong/If Wall St is wrong, they just halt trading!
I think of this one and ZS as almost twins..ZS looks ok for now..well better than this one anyway..ZS has not formed an ugly top..yet
The CRWD fireworks were fantastic though...enjoyed every minute and wished I had bought this at the bottom. Fact is I didn't and I can live with that
Just watch closely if u r n this and do not stick around to pick up the ashes they leave behind/crappy job!
H&S tops are way more accurate in a bear market and I am not sure we are there yet..But the H&S is there..never bought this as it just never felt right t me..but it definitely was (or is) a great show!
Not a recommendation
Below that..just be safe...Chart reads take your profits and run! Or you can just walk slowly away and try to squeeze a bit more out of this stock/completely up to you as so far we still have the freedom to buy most securities..well not GME or a few others that Wall St had huge money in on shorts..they do not like it when the tables turn on them. They do not mind shorting a company to death and ruining the company financially...and I am happy folks caught on (o: They deserved the short squeeze! I think they are planning to shut down the forums where these traders communicated..
But charts can be wrong/just like people can be wrong/If Wall St is wrong, they just halt trading!
I think of this one and ZS as almost twins..ZS looks ok for now..well better than this one anyway..ZS has not formed an ugly top..yet
The CRWD fireworks were fantastic though...enjoyed every minute and wished I had bought this at the bottom. Fact is I didn't and I can live with that
Just watch closely if u r n this and do not stick around to pick up the ashes they leave behind/crappy job!
H&S tops are way more accurate in a bear market and I am not sure we are there yet..But the H&S is there..never bought this as it just never felt right t me..but it definitely was (or is) a great show!
Not a recommendation