no need for comments here...path of least resistance is down...way down to like 2051.
Caveat: unless there is some GOOGL like news, which could propel this to 3200, but even then, I'd be a seller there.
Caveat: unless there is some GOOGL like news, which could propel this to 3200, but even then, I'd be a seller there.
Trade active
As predicted, news helped spike this to 3200...I would still sell this above 3200. Only chance of making any meaningful return on the long side is slim...at best your capital will be stuck in what I expect to be choppy quarter until band-aid is ripped off.Trade active
Panic selling is just starting...indices will follow...it can still go as low as 2051 IMO. no value in being long.Disclaimer
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.