Small Caps following New Path to ATH After ABC Correction
Got a clear 5-wave impulsive breakout from the ABC correction of September; but enters overbought condition in RSI, needs a breather and consolidation at support; trade short; then roll long at ~1515
Line tracing back through multiple S/R peaks/troughs at 1506 - 1513 tar zone; look for retracement over ~2 weeks/9 sessions before trend resumes
Uptrend will be a powerful wave 3 breakout to new ATH before year-end IMO; notice how correction moved price into a new, lower channel which now continues uptrend in next blade of Gann Fan; following brief pullback to support, Wave 3 should bull fiercely into Nov/ December/Jan.
NB: Gann fan coincides with Fibo retracement price; a critical intersection IMO
Easy money printing soon IMO as recovery from CV19 crash completes and bull runs to new ATH; small Gap to fill at 1680, ATH 1:1 recovery at 1715.
Not investing advice; trade at your own risk!
Line tracing back through multiple S/R peaks/troughs at 1506 - 1513 tar zone; look for retracement over ~2 weeks/9 sessions before trend resumes
Uptrend will be a powerful wave 3 breakout to new ATH before year-end IMO; notice how correction moved price into a new, lower channel which now continues uptrend in next blade of Gann Fan; following brief pullback to support, Wave 3 should bull fiercely into Nov/ December/Jan.
NB: Gann fan coincides with Fibo retracement price; a critical intersection IMO
Easy money printing soon IMO as recovery from CV19 crash completes and bull runs to new ATH; small Gap to fill at 1680, ATH 1:1 recovery at 1715.
Not investing advice; trade at your own risk!
Dagangan aktif
Short entry above 163 in the 30Oct 163P and TZA; shorting the weekly 157P in ten bear spreads; GLTA!Dagangan aktif
Added ten spreads at 163.80 in the 163 puts, short weekly 157PNota
Holding shortNota
Did nicely on these took some profits out and rolled down into the 162PsDagangan ditutup secara manual
Not shorting these, still needs to make double top up around 170; patience!Nota
RUT firming up on a choppy day...!
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.