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Regeneron Pharmaceutical's MFI implying "Trough in the making"

1/ Using just this indicator " Alon" is a very dangerous game like you can blow up your
account !!!
2/Non the less, such readings accompanied by (-86%) or ( 78-%) or (-91%) draw downs
such as on the chart above has resulted in the past, in 3 occasions, in big and historical
bullish moves !!! "Generational buying " Wealth creation type of trading !!!

Transaction en cours

Risk down is (-35%)

Trade fermée: cible de profit atteinte

Current draw down is only (-60%)

Note

500%-700% bullish move happened after such low points !!!

If we rhythm and every thing out there is completely and utterly absolute and we do not crash like 1929 as many Elliotions are expecting then this should put us in the range of $2500-$3000 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

- Can this be even remotely probable ? $2500 !!!! How crazy is this !!!

- I do not believe that we can reach that even if technical analysis suggests or implies such moves !!! I am being reasonable and emotional here according to what GOD has given me as a human being !!!

*** Using emotions and reasoning in trading is basically wrong !

samitrading

I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.

****** Past performance is no guarantee of future results***

twitter.com/samitrading1

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samitrading

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