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DI communicated for 2 years they company was going to release TLD with Journal. Few reasons for this; 1 bc they didn’t want short narrative to take control of partial release of data.
Sooooo what do you know, they present at NYAS without full release aaaaaand the shorts took control and apocalypse happened on May 10.
They 1000% moved the goal post.
Well that’s not confusing….. I don’t understand
What is that date?
I joked with you a month ago after your 80% chance in less than 10 days comment: did you mean 10 days, 10 weeks, or 10 months?
Wouldn’t surprise me one bit if closest date out of those three is the 10 months
As Sojo stated earlier, A back test after breaking out of a Year and Half Wedge is Extremely expected, and probably not finished with the Back test. Held 200 MA. I still think we are 2-3 months away from movement(Possibly until end of year)t. Will probably complete the Back test of the 2 Year RSI downtrend.
Btw, you are also now added to my blocked list. So I won't see your daily TA complaints FYI
I’ll set the line, and take some bets….we got a whole lot of 60-80 cents for 4 more months - might as well keep this interesting.
Betting odds continue to SOAR no Journal before ASM - and before year end 50/50 at best
Very true, was just referring to the May 10 Apocalypse
Like I said earlier, copy and paste response for 2 months
Copy & Paste same response for couple months
That being said, still very good action today and great close right at support, see if it holds
A different Hourly View with price riding up the Cloud for Support and re-capturing 50 ma.
Also looks like RSI has broken out of downtrend...that would be good. We may have already got our Back test on the RSI downtrend.
Pring Special K always takes 2 attempts to breakthrough Centerline. Let it breath
Yes, but will have to be pretty damn good news. - unfortunately I’m still thinking we have to work our way around - End of Aug / Sept time frame
Daily with the Double Support Tap and Go. Back test of Wedge(High Probability when break out of wedge); and Back test of Dec Gap(We keep messing with this level!). Loads of support we hit at same time. And we closed right above the Support Line from Dec and March...Not too shabby. I still do not like that Monster Resistance Cloud approaching. Not sure how we don't end up going around it / below to other side. Hope I'm wrong. Pring Special K Break above 20 EMA for 2nd time in last Year.
Gap from Dec 21: 75 cents….see if holds
I think everyone there has put their balls on the line and bet so many times on forecast, we all have become birthing people
80% in 10 days, high probably im 3 weeks….blah blah blah. I’m out of balls and bets I bet you slice into the woods; $100 bucks
Don’t count that, I was interfered with
My prediction is that nobody has a clue on timeline. Sticking to my coin flip 50/50 for 2022 - I’m one of the posters that also doesn’t have a clue
4 Hour Below & Around the Cloud. The 4 Hour Price / Chart followed the same pattern as the 1 Hour and 2 Hour. Below / Sideways and around until pushed through smaller weaker area of cloud. The Daily Chart / Cloud is what has we concerned...and still see possibility of moving sideways and around as we approach the 'Birthing Person' of all Monster Clouds approaching. Not sure we push through here. Will be big battle of chicken:
4 Hour:
Daily:
50,100,200 MA all potential short term targets and pause….but I’m sticking with the wedge breakout Measured Move ~ $1 sooner than later
Still not out of the woods just yet, the damage done in May it’s still going to take some time to overcome and we have that monster daily cloud approaching.
But the weekly similarities I just recognized from a few years ago with that RAI down trend break out and support is amazingly similar to what’s happening now. Also A monster a weekly candle in February 2020 to only see it get clobbered the next few weeks, that sure sounds similar? Price made lower, but RSI continued to have a higher low, and also found support off the previous downtrend, that is exactly what is happening now!
Adapt or die….charts and info change and change often with this stock…That’s why I draw support & resistance lines with a pencil and not pen! Lol
Extreme Similarities with RSI downtrend / breakout in early 2020(2019 RSI downtrend resistance) and now...We are at the APEX for the Weekly RSI breakout of 2.5 Year down trend and 8 month Support Line, and now completing my favorite move / the RSI back test of old Resistance combined with Support that acted as a SPRING BOARD in early 2020...Will we see the same? So far, very similar price action!...Spring Board that Thornton Melon can perform the Triple Lindy off of!!
$1 Measured Move after Wedge Breakout. Day 1 breakout, Day 2 back test, Day 3 Outside Top of Bollinger Band. 50/100 MA coiled and maybe will hold. Still have Monster Resistance Cloud approaching.....Staring contest ~ See who wins, Bull picking up momo. RSI 8 month bottom basing with Higher Lows going back to Dec.
This move started a week ago
Backtest completed; The low this am that we bounced off was the old resistance and now support line going back to December and April. 9 times out of 10 you will have a back test a day or two after breakout
Thanks for the response Jar! Hopefully the 2 key resistance lines, which should now act as support holds this week and moving forward!
Still have big concerns with the monster daily cloud approaching but will take it one day at a time.
Lol - trend lines haven’t changed….I def did not see this coming - 2 straight days of major resistance taken out….I also didn’t post the cloud for a reason….maybe I’ll do opposite of my instinct
Closer View of the recent Hourly Chart. RSI downtrend, then breakout, with the ol backtest and then spring board....Does this quite often with this stsock. The backtest and spring board is the best part....if you ask me!
RSI & Stoch have a lil Trend going...starting back a week ago 6/30. Let's make it last a full week and carry on trend until next week!
Thank you Lorie, Glad you enjoy! I have to say, it is much easier to enjoy charts when we have positive days! Lol
This is not hard work Lorie, I'm a TA Nerd! For me, this is fun! haha...One day, I'll share my Swing Trading Tools and System for the Overall Market(SPY/SPXL/TQQQ) with ya!
2 Monster Resistance Levels taken out over last 2 Days....Amazing. Finally starting to think that something is brewing....Yesterday we took out 15 Month Downtrend Resistance going back to Last Year's ASM. Today, took out the Old Support, then turned Resistance, and I guess now Support again going back to from Dec low, Mar/April, and June. Hammer closed > Line.
50/100 SMA Holding / Coiling for now?
Higher Lows / Higher Highs RSIs Til I die!
MACD 65,90,12 HIsto with 20 EMA is $$$$$$$ Yo Look at those moves over last Year using bottom trick. Trend is your friend, until it's not.
Just like that, we are at the top of Monthly Wedge. Short Term MACD 4,9,3 has turned back positive, but still below Centerline(for now). RSI still holding higher Lows.
I decided to circle Pring Special K for all you dreamers out there. IIIIFFF this holds and bounces at the Ceneterline....Just sayin. This would take Enormous Power and Monster action for this to happen. So you're saying there's a chance....You can also see the 200 Month MA peaking at the top; saying "Hello, I'm here at $10 if interested in hanging out some"
Correct ~ Algo / TA trading