Buy Buy Buy! For the last year and a half, we've followed the same upward trend and we always end up at the bottom of this pitchfork while making our way back up again and again.
Purple area is a buy signal and we're in it. Follow your buy through the green area and as soon as we touch the next purple area, you're faced with a sell signal and you will probably want to ride it out to the top. But if things repeat as they have the last year+, then, it's time to sell and start shorting.
Komen
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Approaching top of pitchfork. If we break higher than $1330 over the next day or so, we have the potential to launch into new territory. But beware, the pitchfork hasn't lied in the last year. Touching the top of pitchfork usually means we'll drop back down and we could do so rapidly.
So.. I made another 20% on that short.. we're still not at the bottom of the pitchfork and it's in a very downward movement, but I think come Wednesday we may see it move up.
However, I'm shorting again. All in on the short for a target of $980 (which we hit a few hours ago). Then I'll re-evaluate and buy again for the rise towards the top of the pitchfork again.
Don't buy too low, but buy low enough that you can gain some nice profits. OR just buy and HODL! Remember, July 1700ish.