I am mostly just trying to keep my TA fresh. I am starting to find this is a really relaxing process for me.
On the fundamental front, I don't think I like airline stocks at the moment. I read that airline stocks typically perform poorly when oil prices go up. I feel like oil prices will probably go up in the Biden administration only because that is a historically democratic thing to happen.
The ABC correction got higher on the B wave than I would have liked, and lower on the C wave. This makes me think it might be not an ABC correction.
I have been noticing that corrections often don't require a third wave down, and this has already but in 2 down waves, so I think it's likely that 2 up waves might follow. This idea is supported by the lower trendline respect, which is hard to bet against at this point. The uptrend to this point has been a strong one.
I think it could likely be a bull flag we are looking at right now, followed by another upward wave.
On the fundamental front, I don't think I like airline stocks at the moment. I read that airline stocks typically perform poorly when oil prices go up. I feel like oil prices will probably go up in the Biden administration only because that is a historically democratic thing to happen.
The ABC correction got higher on the B wave than I would have liked, and lower on the C wave. This makes me think it might be not an ABC correction.
I have been noticing that corrections often don't require a third wave down, and this has already but in 2 down waves, so I think it's likely that 2 up waves might follow. This idea is supported by the lower trendline respect, which is hard to bet against at this point. The uptrend to this point has been a strong one.
I think it could likely be a bull flag we are looking at right now, followed by another upward wave.
노트
Actually the MACD Histogram you can see some bullish divergence. Missed that one.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.