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Tuesday, May 02, 2023 9:11:04 PM
BUT, price is king, and the TA pattern that has developed is forcing shorts out. The pattern is screaming , "bad news is priced in... the focus is now on the future."
Y'all's get-out-of-jail card will only be valid when and if shorty sniffs out a BO and throws in the towel. This will be the ignition that lights the bomb beneath price. No one will care about 1st QTR. It's all about the future. If that's mentioned in a favorable way, we will see heat, ash, and possible fire.
Take a loook at the squeeze characteristics of this setup:
- Triple bullish histogram divergence
-BollingerBand squeeze,
- Trendline break
-Green Impulse
-and ramping volume
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