APE
APE.ASX_Breakout Trade_Retrace_LongENTRY: 15.11
TP1: 16.95
TP2: 20.21
SL: 14.11
- ADX<25. Would like to be higher.
- RSI>65
- RS +ve
- FFI -ve but reducing
- MACD daily +ve
- Weekly chart looks good breakout if maintained above 14.94
- Breakout from resistance yesterday with good volume today
- Retraced today with lower volume while maintaining above 14.94
Clearly upwardLots of talk across the subs and social media etc about a launch, and some interesting discussion about the cup w handle pattern. The CwH may pan out, but there are some loose requirements that this pattern doesn't fulfill. We'll see if that's in the cards. Also, that would translate to something like 700/share or something to that effect if it follows the "normal" run of the CwH. Given the potential this has from the unbelievably painful place the HFs are in, I expect it to go much much higher. Maybe it'll get to the 700 area and retrace a little then go back up? Who knows.
In the chart here I saw that there's a very consistent upward trend line showing the way to reasonable expectations for the price action. It may prove more accurate in the long term.
I'm long the stock and have no doubt that we'll see some completely bonkers returns, but as far as a timeline I'll leave that to the dreamers. No way of telling for sure. All I know is, at some point, the shorters are gonna have to pay the piper. If they don't it will have devastating repercussions on the American free market, and the world market as a whole. No one will trust the American market for a very long time and the long-term losses will be astronomical. It will effectively tell the world that democracy and free markets are dead.
I have trouble believing the government would pass up the opportunity to collect all those tax dollars from all us knuckle-dragging, poo-flinging primates once we drain the HFs, anyway. But, given what complete turncoat, lying mfers they've been we can only hope they'll play by the rules that got us all into this whole thing.
Either way, hodl me hearties. Hodl. It's worth my money to make them sweat.
NEVER FORGET 2008.
Funny chartart into NFC turning ??Anyone interested in the APE as NFC ? huehue hue ...
If yes feel free to hit me in private message :D
Few major messages for all crypto fans !!!
1) Bitcoin might be going to 250-400K USD !
2)#altszn2021
Reveal the secret of EMOTION CYCLES and Bitcoin cycle trading in the chart HERE
Some big Public companies are holding huge amounts of Bitcoins ... did you know that TESLA is not the biggiest "official" inevstor ?
www.coingecko.com
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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