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Post# of 86997
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Moonlazer

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Moonlazer

Re: stockdawg44 post# 78905

Tuesday, 06/27/2023 8:07:43 PM

Tuesday, June 27, 2023 8:07:43 PM

Post# of 86997
Apologies too. I just speak from what I see. Lowest indicator I figured on for today was 235. But support held and the lows rose as we saw.

But the median of 225 will be hit before we can go past 279 again. At least that's my thoughts. If we keep consolidating, day by day though that median on the 3m and 1yr Bollinger band goes higher.

It's just my expectation that the full correction will have to take place before institutions crawl back in. I'll try to be clearer next time.

If tomorrow it does reach 257, which I doubt given the news they just hit NVDA with on AI chips and these two trading relatively at the hip, I expect tomorrow to be one step closer to that full correction. By Friday possibly, but most definitely next week I'm bullish.
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