Far, spansk- og dansklærer i gymnasiet, lærebogsforfatter, dansker i Tyskland, bøger, musik/guitar/sang, fodbold, psykologi/filosofi, rejser og lidt sundhed :-)
Finding Support - SAVE IT -
- An ABC pull back complete
- Holding support on the standard Fib support levels
- Holding above the 50/200 Day and/or Weekly MAs
- Holding on previous support levels
- Holding on legacy support trend lines
- Multiple retests of a support
- RSI reversal signals
- MACD reversal signal
- Improving Fundamentals
A combination of at least 5 of these will help confirm support.
This can all be learnt
And it is the single most important factor to your investing success.
100 reposts & I'll share my price targets for FREE
All Price Targets will either be Wave 3 or Wave 5 using EWT and Fibonacci.
$OSCR
$COIN
$DLO
$NIO
$NBIS
$ONDS
$LMND
TVT
Which position would you Buy at their 200 WMA?
$NVDA at $55
$AAPL at $176
$AMZN at $152
$TSLA at $248 (below this level now)
$MSFT at $333
$GOOG at $136
$BTC at $44.8k
$ETH at $2100 (below this level now)
$BABA at $104
$SPY at $463
$QQQ at $380
Every one of these is a possibility if the market corrects
$SPY still a lot of weakness being shown.
Support is still not confirmed, nor has there been a retest of the 200 Day MA from below at $572
This pull back has been more severe than in 2022 and has been aligning more with the Covid 2020 crash so far.
This is simply not a 'Buy the Dip' situation right now in this current set up, there is clear risk here.
The only time to consider adding will be if the 200 Day MA is recaptured.
The worst case scenario next is a retets of the 200 Day MA and then a drop down to the 200 WMA at $463....but we are not there yet.
Wall St will push for you to buy the dip so they can derisk their positions.
Focus on the facts here.
Share and I will continue to share this, otherwise it is going private.
Jeg takkede ja til invitationen fra det nye medie @psst24 og besvarede 10 spørgsmål om COVID-19 vaccinerne.
@LMSTdk , @SSI_dk og andre aktører såsom @FSBuchholzer er også blevet bedt om at besvare de samme 10 spørgsmål.
https://t.co/PBKz6utfQn
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