There's another harmonic (blue) emerging on the 2 hr t/f.
IF it hits its maximum lower level before turning, it will be in the confluence zone as shown (C) and then to turn hit the blue rec intially (whilst on its waya to D in the longer term with a lot of luck).....AIMHO....and involves it hitting that confluence level at the bottom to be valid....cld work though...
Chart not yet possible as lot more PA over the coming days required but going on oscillators at present, anything currently 0.7x and below is a buy for a quick trade at least. Risky but at these levels.....
Dont care if Im left holding or a wee while as oscillators for 1hr+ chart will have to turn at some stage so def'y trade to be had at these levels
HZM, chart little iffy but imho still lower to go yet though obv'y I cld be wrong....Im waiting and if i miss it, so be it....have to catch the next one but will go under 2s for sure if Im right...will try and update chart in next 24 hrs
Post chart later from last week which hit my lower zone yesterday finally (did a print even though you cldnt buy at that price ie 5.7-5.8 so current lows for **ST** cld be in. AIMHO....
Precisely my thoughts NH: ''at least we all banked our lovely gains''. Spot on.
This just proves that we dont have to stay in to catch the top b/c RMP, 88e etc show the risk involved. Not only will paper profits disappear but so will capital for those that got ramped in either on FOMO or greed:((
Feel for them as we've all been there hence why BankBankBank works (for me anyhow) cos *some* profit is better than none....
Agree re another trade but gonna be careful in case the drop is as savage as last time...have an eye on another 2 this morn and will watch to see their PA and then post here if they hit lower zones.
Have a good day NH; be over later for a cuppa (hot choccie pls and just 2 belgian buns; Im on a diet, hehe) :)
Tried to warn several times of the lower gaps that were open and sp was likely to fill in near term.....plus way too much ramping past 7-9 days...hope peeps dont lose too much....:(
This share in less than 2 weeks has typified exactly what to expect from AIM and what AIM is all about...
Seeing as you are discussing shares, pls someone explain WDC's business model to me:((
I just dont get their business model. It just wont work in the UK imho....unless Im overllooking s'thing??
Trading it has been fine but overall, their current /proposed business model just wont work here in the UK from what ive read and from my understanding....imho...
Sticking with MTFB; in spite of its FDA issue, LT this is a better bet imho....