MFI dropping while RSI rising. Usually tells me to buy when MFI goes oversold....
Looks like it'll fill the gap above. We could see a dip here after open because it hit last week's resistance.
Looks like it'll fill the gap above. We could see a dip here after open because it hit last week's resistance.
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LOL, I told you so. Got into some PDD puts because HSI is overbought
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I hink inverted H&S, market will go up when MFI gets oversold. I think maybe the opposite happens tomorrow where it gaps down then goes up
Whipsaw market, be careful. Still think the market goes up for the gap fill though.
Whipsaw market, be careful. Still think the market goes up for the gap fill though.
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Ignoring the gaps, it's a straight up pump and dump. Not enough buyers to melt the market up so garbage stocks are already red. Look at PTON, etc.
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Note, I bought PDD puts, holding overnight because HSI is overbought.
Not buying calls right away will wait until MFI gets oversold.