Consolidation complete with rising BTC, this should bounce of right shoulder as support for invers H/S and run to $30
Nice bounce and support setting. Should hit $100 with technical and macro indicators pointing higher.
Follow the trend, Long range log chart with fib red levels
Alex Karp, Peter Theil, and finally on the far right is you :)
Meaningless China Trade Headlines hiding the fact that the SPY is pushing ATHs with no real earnings conviction. Earnings flat if not negative on the year if you take out share buybacks. Trump will not take tarriffs off without addressing IP theft. Short this.
Simple stop loss @ 250 gives you a good R/R here... - Intrinsic value >50% Share price is $273.36 vs Future cash flow value of $550.18 (^info courtesy of simplywall.st)
SHCOMP broke out of falling wedge and is bouncing of severe support. Will expect it to go back up to test long term pennant resistance.
Index going back up to upper trend. RSI divergence and strong support. Scale in