Redfin is in a consolidation pattern right now we came close to the top today there is 10% to run on the downside in the pattern.
I like the redfin buy in at the support of this consolidation low risk possibility of high reward on a breakout. I'm out at $69.50
Corn has been on a rip lately. Today we have a nice pullback. If CORN cant hold the $15.79 level I expect to see somewhere around $15.00. Due to a confluence of support with the current upwards trendline, the horizontal support from the past and the 50 day simple moving average all being in the same area I will look to lean in off the bounce (if it happens).
Will we confirm the breakdown or is this just a fake out? I'm long term bullish on BTC so if we make it to the low target I think it will take-off like a rocket!
Looking to play a bounce off the 200 day SMA to the top of the channel.
Btc is making a rising weadge on the 4hr up into the fib area .618-.786 (yellow box) could be looking to go lower.