I actually would like to see MSOS move upwards. The only thing that has me worried is this ascending wedge that is pretty obvious. Classic move downwards to the .786 Fib around $6.28 range. The only thing that would catapult it up would be the reclassification to Schedule 1. I would like to see it break and test the ~$12 area. The is not trading advice, just...
I plan to go long here. You can see the price grinding up the trendline. Also, CGLDUSD is respecting the fib like a good boy. But, my big indicator is the pressure that will happen in that circle I have on the graph there. What we may see is the price grind up that trend line and huge amounts of pressure build below the white (100 day moving average) and then...
Just drawing some lines and boxes. I am looking for a move Oct 2nd or 3rd. We put in a higher low on Sept 30th with significant buying on Sept 19th. Looks to be consolidating now. Our first major resistance at 2.66 - 2.80 if we break above that we may go to 4.20$ with a move down. If this happens we go to 3.75$ with an explosive move higher. If this breaks down...
Just my little TA buy at buy point on graph if it breaks resistance and up we go damning any major S&P news. Also if this breaks down it could go to bottom of flag line but that doesn't necessarily mean end of bull run it could still go up. Only if this breaks down completely below my support line at the bottom will this tank. Again this is just my thoughts, I...
Either we have a pennant or a flag. Either one of these is pretty bullish IMO, but both have chances of seeing downward movement if the news is bad enough. If we break up we should see $420. If we break down from the pennant we could see $180 which is what a lot of other people are forecasting as well. We will see an upside to $420 as well. In either case I am...
I have two integral areas I am watching for a classic H&S you can see my fib support areas that we have for a potential neck line. GL and trade well amigos/amigas!
By 7/9/17 I am seeing us to at least 60 then possibly back down until LTC wants to decide whether to break the bottom or top trend. Safe trading!
With segwit around the corner and not "activated" yet, we will see anticipation to the upside. We should hit Target 1 before activation. There could be a rush to Target 2, but be aware imo we will dump on segwit day. Good Luck Chikuns!
First chart everyone. It looks to me we have a pole and flag breakout.