SwingTrader-07

Bearish 🎭 - Shark (with $1 Deep Crab)

Panjang
SwingTrader-07 Telah dikemas kini   
NASDAQ:HEXO   None
HEXO makes headlines today
>>> such a nasty Bearish 🎭 Shark (with $1 Deep Crab) ... one more thing, bring a bottle of HEXO (shaken not stirred) ...

>>> wow, this type of reversals 🎭 only happen at the Bottom ($2 price tag for HEXO is ridiculously cheap)
>>> my dear it's a Gift for Christmas, if HEXO can turn around in december/february to $11
Komen:
1. the Falling Triangle is a nasty Bearish Shark pattern ( 45% decline in 5 days )(from B @ on Nov 15 @1.88 all the way to (C) $1.11 on Nov 21 )

2. the X-A is extended Deep Crab ( 50% decline )(from (X) on Aug 20 @2.31 >>> to $1.86 on Sep 21) >>> extended all the way down to (C) $1.11 on Nov 24 )

3. the Double Bottom is formed in (C) on Nov 24 . . .
a. 1st pullback will regain $1.80 area all the way to $2
b. (CD) is reversal from the lows all the way back to $11 ( in February/March )
c. Good Luck
Penafian

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