Deep value areas, stop loss at or below all time low, easy place to manage risk and simple targets based on previous highs.
May consider setting 1st target closer to 200MA (maybe $1.2) if your ok with lower R:R and concerned about pump-n-dump (which this one tends to do often)
Not really a valid harmonic, but close. Solid XABCD stuff tho, IMO
SPY breakout from an ascending wedge. Pretty much however you slice it, looking quite bearish. MACD and RSI support this.
Unless the Fed/Government prints some fresh monopoly money, common retrace zones will put you in the 280-270 range in the near-mid term.
My opinion only, not advise to buy or sell, I am not a professional trader/ financial advisor. And this is...
