Geronimo

By sofearnot
Updated
Shorted this guy today, at the Open.

take profit target, at least $18.35 or lower.
Comment
May have a few minor updays within the upper half of the Channel. but I’m expecting next week to be down! You can see the fractal - if you look back at Oct 2 and Oct 3rd on the momentum indicator below. Looking for green Adx to rise just a little bit and red Adx to lower just a tiny bit to stamp the absolute top. Not able to add a subchart like I was before…will keep Trying. Notice, the Major Divergence- In the Price/Momentum From September to Dec/january…price went Way up while the Internals Set lower-highs.
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These multi-month Divergences Almost always Correct.
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Another 6% daily gain. Very good.
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~...... Scroll. Down. On. CHART.....~
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After Clicking that Play Button.
Trade closed: target reached
$21 to $2.66! This Short played out Phenomenally!!!
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As Low, as $2.20 Today. Nice Work guys!!!!!
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Scroll down......> Scroll Waaaaaaaay down on the Chart

Otherwise, You won't see it
FlagMoving AveragesParallel ChannelPitchforksshortthrustTrend Lines

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