rarebreed29

rarebreed29

In a few months or a year from now this ENTIRE period will be looked at as a Golden buying opportunity. BUT for the minute and hourly traders. For the last week, YOUR golden zon to BUY is anywhere BELOW the RED line ... HOLD when in between the two lines, and really consider taking profits Above the top trend line ... and or at the top of trend line .

rarebreed29

SADLY looking like the old support around $28,757 is flipping into resistance. Next stop psychologically the $25krange where beyond EMOTIONALLY speaking there's really not much support. Don't be shocked if you see $18-$21.5k become a temp. range on charts.

rarebreed29

WILL this lead to a False rally to $29.2k and stay in this Bear flag tightening formation. OR do we break out of this down trend and rally back to the bigger trend line at $30K ?

rarebreed29

The breakouts below trend are decreasing in depth NOT increasing. We continue to range tighter. If the bears don't get a real close below and truly break trend soon/BULLS WILL take back control. As always watch for the 32 fake. Maybe a relief rally this weekend followed by Drama next week. Feels like retail is getting comfy with many stocks and THINKING they've...