there is a sea of fibs in the area we touched on thursday....will they snap it back up for the real hit or was that the trigger in disguise?
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.768 / 1.128 right there at the high
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rat89
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guess I'll start ;)
there is a sea of fibs in the area we touched on thursday....will they snap it back up for the real hit or was that the trigger in disguise?
.768 / 1.128 right there at the high
there is a sea of fibs in the area we touched on thursday....will they snap it back up for the real hit or was that the trigger in disguise?
.768 / 1.128 right there at the high
JI
jimkane
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FB trading in the after-hours goes ahead and sets the new all-time low for the stock.
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jimkane
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AMZN makes an almost 12% jump up from the low in the aftermarket. An appx. 8% drop, and then a 12% snap up. Crazy. Crazy, but totally typical.
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rat89
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wow....picture perfect at every turn.....and now there is an 8 cent box right overhead with a double .886
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rat89
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20 cent box double .685 in the magenta box if it chooses to honor the retest....
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jimkane
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I have a bad, bad feeling this is going to explode up. I want it to respect this area and dump. It has been respecting area after area after area. But I just keep getting this feeling this is headed for a new high for the move, and that's over twenty points higher. I really, really hope not. It's not so much what happens on any given trade that matters to me, it's the technical picture. If it rolls here, there is, in my opinion, a pretty good chance the upside correction is over. If not, new 'bull' market highs are coming into view. I would really hate to see that...
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jimkane
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This is soooooooooooooooooooooooo on the launchpad for an explosion up.
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jimkane
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And there's the upside explosion, right up and over the key area. Yeah, there is still some stuff up in here, in theory that could be the final move there to finish it off, but I think the odds of that are pretty much slim and none. This wants up. After a 30+ point move, it wants more with little rest. Doesn't look good at all for the resumption of the bear trend. Oh, well, I just go with whatever it does. I'll simply have a lot less fun doing it.
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jimkane
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Well, I'm not going to post any areas for this, but I will say that I am going to be shocked, shocked, if this isn't over the big high there at 76 by close tomorrow. Shocked.
JI
jimkane
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Can anyone tell Jim wants sooooooooo bad to short this off this area, have it play out tremendously, and for the bear leg to resume? That's why I'm so grouchy and sarcastic. Sorry, but part of the point of this forum is for everyone to see into the mind of Jim, for better or worse.