Even if this trade fails, this is more insight on how I put on my trades. Focus on your process and be consistent -> profits will follow. I will wait to enter until 5m RSI rises during power hour.
Sitting on 5 month POC, gap fill down complete, and baby girl Cathie is on board. Will be taking options as well.
Been consolidating in this bull flag due to choppy market. Still sitting on/above SMA 20/50/100. Demonstration at biotech conference on Thursday + FDA full approval to come in April.
Analyzing volume using 1hr candles. Take Aways: 1) Consolidating b/t 1.86 to 1.97 -> Needs to break over 2.02 for uptrend confirmation per fib levels 2) Price targets are 2.22 & 2.40 -> take 50% profit at 2.22 and let rest ride 2) Set SL @ 1.86 for a tight SL, @ 1.58 for loose, and @ 1.35 if you're portfolio can handle the choppiness we're in 3) Mino-lok goes for...
Will test 228 in the AM. If it breaks over a 30m candle I am out but I think this has potential for tomorrow.
It really is this simple - more downside ahead. Don't think too hard king
Hello ITRM Kings. I hope this chart finds you well. You will see baby girl here, ITRM, broke out of a bullish channel and looks to be on her way to first fib resistance level of 2.23 - If 2.23 can be broken and holds it is clear skies. From company presentation: Potential NDA Filing Acceptance Q1 21 Potential Advisory Committee Q2 21 So good news ahead.
Couldn't break and hold above 26.41 today. Volume hitting a bottom. Might slip in AH but there should be some sort of pop tomorrow. Tough to gauge if the floor is going to fall out since it has been driving sideways but I still stand by my 28+ EOW PT. Love y'all.
Sunday prediction went to plan. If we break 26.41 in the am - next stop Valhalla. Take 50% profit at 28 and rest rides for free. Love every single one of you.
RSI kind've high but acceptable. Expect a retrace Monday down to 24 before rip to 28+ EOW. Macro market picture looks like bull run for the next 2 - 3 weeks before massive retrace in feb. Love y'all.