Primo_CEO

Primo_CEO Updated 

So on what i see happining in the next few months (ETF Pending) is that we should see a break down of this triangle which should lead to next month taking us to new lows for the year most likely our first stop will be around the $5000 to $5500 mark. which is around the 30 month moving avg. we should play around there for a month or so before we test a even lower...

Primo_CEO

Looks like were gonna test bottom of channel again around 5500$, We may see a bounce before then but this is the idea. Short till at least 6 k area

Primo_CEO Updated 

Looking at the one day chart we are on our way to testing neck line of the Inverse H&S reversal pattern. we need to break neck line and hold if this happens we will then test out the decending triangle resistance at about 7100 area. if this manages to be a reversal i feel we we run at this point