GratefulDaytrader

GratefulDaytrader

The downward ray given along with 3.60 magic number provided perfect breakout. The upward ray coming from lows before the list has been drawn since before crossed, and has no validated itself. Volume profile is favorable to the long side. This ray is simply guidance, but is offering a good leading indicator. If we can get above or at least stay close, it appears...

GratefulDaytrader

Price discovery is full effect. We've seen some healthy consolidation near what I believe to the bottom - about 2.94 2.25 was the accelerator, and I indicated the price action around it last week was very bullish... Numbers to watch are 4 - 4.55 - 5 - 5.69 There's not telling what happens this week... that FDA news just dropped and market is reacting (although it...

GratefulDaytrader

To follow along while this thing heads for the promised land.

GratefulDaytrader

Almost a month from the bottom identification. We're in thin air...

GratefulDaytrader

Very simple... Confirmation below the bottom ray is death. Confirmation above the top ray = send-mode: engaged. We're stuck in this range for now... my bias is leaning toward the upward move. -GD loves you <3

GratefulDaytrader Updated 

I've had the downward ray drawn in the same spot since before big breakout. It signaled it, in fact. Seems like we're going to continue sliding down that slope for some time. Ticker conversion may prove to be a catalyst, but nothing else indicating a rally right now. The $60 Jan 2022 contracts are very attractive at current prices, IMO. $CCIV

GratefulDaytrader

Perfectly defending $3 level during market sell off today. Rays are being respected as well... showed short-term top when it was unable to break above. Need to see 3.61 reclaimed to continue upward momentum. #NQ seems to be the only thing that matters at this point. Time will tell...