I'm a bit scared to make this play, because if this thing breaks out, I lose.
But a backtest is possible, and it might even break the slant support trend line.
Hopefully it pulls back tomorrow, so I sell and leave.
I have a 12/11 $48 put, break even 47.05.
Equal Volume, Equal RSI, Abrupt Directional Change, (Marabozu Candle).
Possibility of 4 month uptrend.
If price goes below lower support (34), then idea invalidated.
USDWTI H4 - Waited for this breakout last week but we never saw it. Many rejections from just shy of $43/b, ideally looking to break upside of this and retest in the region of $42.85, from here, looking to jump involved with the long move.
I have 45 Western Digital hard drives without any issues in many years. In my opinion Western Digital is the best affordable storage devices company.
8/6/2020 Morgan Stanley Lower Price Target Overweight $63.00 ➝ $58.50
8/6/2020 Wells Fargo & Co Lower Price Target Overweight $60.00 ➝ $55.00
8/6/2020 Bank of America Lower Price Target Buy ...
Basis huge correction in the past, the base of company is much easy to be used by start up, if new way of tech. will be found, there is good chance for growing, basis low cost base.
Support 40c, Resistance 47c, 50-52c
Was able to hold support at @ .40c mark. Small downtrend as of the last few weeks, looks like a reversal is coming, perhaps a period of accumulation around the 40c (support) - 47c (resistance) mark.
Gaped up to 43c due to lithium shipment ann.
Ann on time, everything proceeding as expected, thus no huge increases as of...
