Quite the long-shot macro idea here.
Looks like a H&S is forming - if so, short from the right shoulder, DCA'ing into the position.
Exit near the bottom of the triangle.
After the price breaks out from the triangle, there could be fireworks to the upside, <likely> after a test and retrace.
This is entertainment for me, this is not a serious post. DYOR.
Looks like a H&S is forming - if so, short from the right shoulder, DCA'ing into the position.
Exit near the bottom of the triangle.
After the price breaks out from the triangle, there could be fireworks to the upside, <likely> after a test and retrace.
This is entertainment for me, this is not a serious post. DYOR.
أغلقت الصفقة: تم الوصول للهدف:
Target reached (or very close to it).
تعليق:
This is NOT a call to long, but I can't help but notice resistance at these levels for the lifetime of this stock.