$CRDO Dropped all the way to the 50% pullback post earnings and now looking at potentially filling gap and going to standard 61Fib pullback towards $130
Market darling is worth a closer look at these levels ๐
$IREN Nice response after relative strength the day before and the $35s region held well so far
Now for more of a challenge as the declining 21ema and 50d are just above and then we have the 2 key levels in the low to mid 40s that need to be cleared for any sustainable rally
@Alice_MiaX Sounds like youโre moving to Italy!๐ 1 month a year paid leave should be minimum! Also a minimum wage! Any great business is only built by its employees! Treat them well!
@CallumLyon So many people say you should rent and invest your money. On paper it makes sense, only if you know what youโre doing! I would always recommend buying your own house! Lenders, are super strict now!
@Alice_MiaX In the UK I had to give my staff a minimum of 28 days paid leave. Youโre probably dreaming about Italy!๐ Hopefully, touring the south and islands next year! The food is amazing!
@SelfMadeMastery I bought at $13 , it goes up and down! LT position! Never stressed about my position. Actually, I still think itโs just getting started!
1-2 months from now we're going to see a strong downward revision in the PCE because of corrections to known tracking errors.
So, IMO, it wouldn't make a lot of sense for us to raise rates in September with this happening shortly thereafter.
Especially when this is the primary metric the FED is using to track inflation.