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Re: None

Tuesday, 02/16/2021 1:56:05 AM

Tuesday, February 16, 2021 1:56:05 AM

Post# of 11308
Lets have a week of good vision ...

For the last 2 weeks this giant rocket ship has created a big uncertain puzzle to the technical chart, and Ive spent hours examining it over and over to see if theres anything coming clear enough to trust. Its still an uncertain picture to me. As the price bounces around a zone (12-16 area) there is a higher zone (16-20) and lower zone (12-8),and it creates a Big playing field. with a center balance step around 14. that might seem appropriate since 14 was the old rocket ship peak 5 years ago.
But right now, the picture is just too soon to fine tune the sharp target points any better than a general idea of seeing blocks,high middle and low zones, .The Fiboncci math shows the targets in these block zones, and the Elliott wave pattern revolves around these block zones. But the rally peak zone I'm looking at now, could be as low as 17 or as high as 25, or 22. The Low bottom zone could be as high as 11.50 or as low as 8 dollars. Those block zone targets are so far apart,its frustrating me that I cant fine tune the target focus right now.
In the brief time elapsed since the blast to 28 dollars and the plunge down to 11.30 , price bounced to test 15 area and retested 12 area. If this is creating a bullish flag triangle now, the next rally bounce has that zone 17-22 area to watch for. In the downward direction from this 14 dollar middle zone, we could see 11 tested and momentum could send it to test 10/9 and 8.
Big moves of 3-6 dollars in either direction from this 14 dollar middle zone. I've strained my eyes to see it better than this but I cant get The big picture sharper.
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The intraday short time frame is easier to follow.
Looking for a 1 dollar move in either direction tomorrow

a dollar trade set up now

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