In short:
1) Goldencross soon to be triggered.
2) too see how the stock could perform (with accumulated, low 200dma), we can look in 2023. It peaked in mid July. After explosive rally in november.
3) 13$ levels is the 50% fibonacci..
4) 1st Elliot wave - people are skeptical. 2nd - woohoo. 3rd wave - fomo.
//Advancing in relative strength (CLSK/SPX).
//Small cap (
IWM) outperformance due to rate cut cycle (starts in September). Evidence is yesterday broadening rally.
//52WH is at november 18$. Expect a gamma squeeze?
position based on probabilities. I never make targets (future is unknown).
🥂
1) Goldencross soon to be triggered.
2) too see how the stock could perform (with accumulated, low 200dma), we can look in 2023. It peaked in mid July. After explosive rally in november.
3) 13$ levels is the 50% fibonacci..
4) 1st Elliot wave - people are skeptical. 2nd - woohoo. 3rd wave - fomo.
//Advancing in relative strength (CLSK/SPX).
//Small cap (
IWM) outperformance due to rate cut cycle (starts in September). Evidence is yesterday broadening rally.//52WH is at november 18$. Expect a gamma squeeze?
position based on probabilities. I never make targets (future is unknown).
🥂
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Disclaimer
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.