Before I even get into this stock, I wanna just start by saying this: Third wave extensions, or catching the setups specifically coming out of a sideways range to takeoff like this, they are very rare. I'm talking about maybe finding these things like once every few months. This seems to be the third I've found in the last 2 weeks.
MSOS has a DEA hearing coming towards the end of June, this stock and many like it like to price in good news in advance and dump when it's not exactly what it expects. Regardless of the hearing's results, MSOS is about to take off in a very big way. Price is coiled up for a third wave extension, expecting a solid 60%+ move with little retracement.
Primarily playing this one withMSOX etf 2x leverage play, but also grabbing some options for our online option strategy. Check it out.
Wave-Count Confidence: Very High (haha)
MSOS has a DEA hearing coming towards the end of June, this stock and many like it like to price in good news in advance and dump when it's not exactly what it expects. Regardless of the hearing's results, MSOS is about to take off in a very big way. Price is coiled up for a third wave extension, expecting a solid 60%+ move with little retracement.Primarily playing this one with
MSOX etf 2x leverage play, but also grabbing some options for our online option strategy. Check it out. Wave-Count Confidence: Very High (haha)
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