Falling Wedge Retest and Bull Wave
Had triple bottom in March. Test it again and bull from oversold likely.
Ultimate LOTY to come later in September/October, of course, pretty standard.
Not advice, just a WAG.
Ultimate LOTY to come later in September/October, of course, pretty standard.
Not advice, just a WAG.
Note
Tues move could be ending wave down, might be another left in it, missed the sell, bought the bounce, back in cash. Could dig down again Weds it's persitently bearish.
Note
It sells sharply every other day for a week now, Weds, Fri, Tues... bounces between. Probly getting set for a big flush imo.Note
Fed minutes gave a boost but evry day after it has tanked. NVDA sucked, will be a drag. There does appear to be an inverted H&S from 19-24/5 May, a higher low on the 25th may be a pivot point.
A retest of the lows is certainly possible, be cautious.
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