I drew out rays from the weekly chart just to see how it will theoretically affect the price of BB today.
We have a really nice cup formation, after the weak but still green 3rd candle my theory hat says
We will likely find a handle formation within one of the yellow channels drawn from previous resistance lines.
Once we find the correct channel, follow until it breaks and confirms the outside channel for the trend.
I would watch this and enter between 4.3 and 5 and then hope to sell close to 8 or higher.
We have a really nice cup formation, after the weak but still green 3rd candle my theory hat says
We will likely find a handle formation within one of the yellow channels drawn from previous resistance lines.
Once we find the correct channel, follow until it breaks and confirms the outside channel for the trend.
I would watch this and enter between 4.3 and 5 and then hope to sell close to 8 or higher.
Operación activa
Handle formed/formingSlowly loading up on shares currently
Eyeing option calls at 5, still trying to self determine a good time frame.
I am GREAT at price levels, patterns and identifying trends. I am NOT great at time frames.
because of that I usually play shares
Nota
alternative look.-ichimoku +VWAP
looking at daily VWAP, we are getting in at a great price right now since its underneath the volume weight
Golden cross looks to be approaching as well, we should see an initial pop once it happens.
Nota
watching more carefully, added a little bit just to follow trend.currently we are up about 10% and following the resistance that we broke out of in the yellow channels. (This shows just how much the lines I drew work!)
If we break below yellow support line, I might sell out to preserve, but currently I have about $25k in shares at this point.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
