Post by
Stockmoves1 on Jul 08, 2022 1:09pm
TA........
It very well may be based upon more news Wealth, but looking at it from past news, current market conditions, and Price alone all I am doing is calling the numbers. I called 47-8 cts as a top and 47 cts it is... now the first test is 415 hold. 43 is too high for the sellers to make money without a flush, but sometimes a 43 hold happens if it's a bullish move to close above 47. 41 is a must hold or its likely to test 36/7... one never knows if they do not sell off at 43 to bring it all the way back to 33... What I can tell you is it likely gets support at 36-385 for a 43 bounce. If it even drops that low.. So all being said if 47 is all she wrote for now this will definetly get support low 30's and rebuild imo.... the higher the bottom the higher the tops. if 43 holds 54 is in the cards if not higher. if 40 fails 47 will be R for a while... and like I say that's ok because it's a stronger chart going forward vs a fast up and down... hope this makes sense to whoever is following... numbers make up charts and they are near predictable.... More than that MM's use them to create the momentom or lack of for their very own benefit...
Comment by
Stockmoves1 on Jul 08, 2022 2:13pm
43 held for a bullpull and looking for a solid close for a potential nr and gap on monday to sell into??? hypothetically speaking.. and if no nr it is just traders working this hard...
Comment by
wealth2015 on Jul 08, 2022 2:16pm
I'm thinking same, (good) news on Moday, strong close today so investors can get ready with buy orders on Monday
Comment by
wealth2015 on Jul 08, 2022 2:20pm
I would like to see halt half an hour before closing
Comment by
Stockmoves1 on Jul 08, 2022 2:33pm
Who knows Wealth... news or no news we know that MM's can write the tape.. It's just if you have good news sometimes it warrants a gap for profit taking but lately good news is a reason to sell.. so far better to take it up to 63 and then news.
Comment by
Stockmoves1 on Jul 11, 2022 11:21am
Today this needs a close at HOD or I suspect we test support likely below 40. Just a gut call... 43 first Support then 41 and 37 . I see a large buy at 34... current bid of 465 for 165k lets see if it holds or gets taken out...