All those lot, you know who I mean - that crowd that thought AMC would smash through $100 and probably more...
But with RSI hitting 90 this drop really was not hard to see coming.
This is looking like it will be a 5 wave collapse at least back to 0.618 retracement @ $7 for a 1:0.618 Z wave, but I think its going to be the complete capitulation down to $4. If it has a bounce I will reassess but more downside to come I'm quite confident.
If it gets there I'll be looking to complete my first "rinse and repeat" cycle selling NOT buying LEAP puts as I did last January and buying them back when all the apes come rushing in. 🦍🦍🦍
Not advice.
But with RSI hitting 90 this drop really was not hard to see coming.
This is looking like it will be a 5 wave collapse at least back to 0.618 retracement @ $7 for a 1:0.618 Z wave, but I think its going to be the complete capitulation down to $4. If it has a bounce I will reassess but more downside to come I'm quite confident.
If it gets there I'll be looking to complete my first "rinse and repeat" cycle selling NOT buying LEAP puts as I did last January and buying them back when all the apes come rushing in. 🦍🦍🦍
Not advice.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.