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Rykin_Capital
28 nov 2021 12:03

Canoo Inc's cannonball meeting gravity. GOEV Short

Canoo Inc.NASDAQ

Descrizione

Overbought, divergent B wave now heading down. Backed up by dropping momentum and fractalism. Not even the cannons of Canoo are immune to the laws of market physics. Pretty confident here that this one is going to drop now.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!

Trade chiuso: obiettivo raggiunto

Commenti
thinkless
Nailed it.
cmaestasdesign4
This was on point looking back now. Any other TA on current market movement for GOEV based on market sentiment after yesterdays meeting minutes?
Rykin_Capital
@cmaestasdesign4, I don't read valuer literature. Looking at the chart, bearish until proving pivot.
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