To continue from my previous thread from a while back.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
PFE did top out at fib confluence area and it appears to be a blow off top that should lead to a higher degree correction / collapse.
Will see how it reacts to the 50WMA and lower channel trendline but I am expecting it to at hit the 200WMA at least and I think it may well get as low as $22
Not advice.
Catatan
PFE accelerating to the downstone and rejecting from the 200DMA with a wick - currently a gravestone doji showing heavy short pressure coming in. I'll just hold this short as others and come back in a few months i think- looks like much more downside to come even if it bounces.Catatan
Took a while but heading into the real bear market now.
Your FA guru can't read a chart💭
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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 💡.
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
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Contact: t.me/dRends35
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