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Re: ANTADOG post# 384

Thursday, 02/08/2024 11:14:15 AM

Thursday, February 08, 2024 11:14:15 AM

Post# of 609
It seems quite predictable to me how the LAES chart is setting itself up here leading into next week...
This is based on years of stock charting observation, and factors in both day-of-the-week emotion- based trading, and also the specific strengths of the stock that we happen to be focusing on which in this case is LAES..

First, LAES will consolidate here in the lower 3s, meaning somewhere under $3.50, today and tomorrow.
(Think for a second what a nice little stair stepping milestone that was, to have LAES close at a price over $3 for the first time since September. Five months ago!)
Friday's price action and volume i expect to be downright boring.
Monday starts out like Friday... til later in the day Monday, and if i had to venture the exact time of day for this I'll say 1:40 pm when momentum shifts a few ticks to the upside into the $3.30s/$3.40s range til it closes Monday in the about $3.40s.

Social media buzz re-intensifies on Monday night on LAES and Tuesday sees the stock surge like we know it can and will and overtake $4 a share.
On Valentine's Day the Market's love for LAES overflows like lava, as it runs to $4.90 a share.

Which means today and tomorow is simply hold, or buy more, and wait... and time to turn more of my attention to my Super Bowl bets for a couple days.

(All that said, of course feel free to make a liar outta me LAES, and post another green candle today AND tomorrrow!)

What think you Ant?
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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