I think today many are sad about such steep fall, but things are not as bad as they look, in my opinion.
Looking at the weekly and 2 weekly TF, we see convergence along the MACD, convergence on such TFs, as a rule, can give a significant impetus. I would also like to note that convergence is triple (class A), which reinforces the buy signal. I also noticed that...
I decided to look at the monthly TF and found on Twitter a bullish triangle trend continuation figure, the development of this figure can bring the price to the region of $ 50. But on the weekly TF H&S figure, and this, as we know, is a reversal formation for the price, respectively, the development of this figure will send the price to $ 20, or even lower.
Perhaps CHK shares may not give a bad gain to the deposit. What we have: the convergence of MACD on almost all TF, from the watch to the daily TF, there is also a convergence along the CCI. The volumes were very large last time when we tested $ 1.5 and went from there to $ 8, there is certainly a chance that we still need to drop by $ 1.5, so I will try the...
Tesla on the weekly TF draws us the price discrepancy with the MACD and CCI histogram, maybe we can go and test the bottom of the trade for $ 250. On the line chart for a week, double top confirmation will be $ 326.
Option 1: the entrance to the passage price tag $ 326, stop about 2-3%, profit part of the $ 300 (10%) and part of about $ 250 (20%)
Option 2: input...
The crazy growth of the cannabis sector is amazing, X's in a short amount of time). Will there be a repeat of the history of Bitcoin, a sharp rise and the same sharp drop of 80-90%? Logically, the correction should be, let's see how deep.
Sell short 11 $
Stop 13 (-15.5%) - a big stop, but significant priorities, you can enter in parts as the price moves...
A large volume of transactions in the area of 20-23, most likely the price for the passage of $ 28, will find support in this area
Sell short 28$
Stop 29.3$ (4.24%)
Profit 1 23.7$ (15%)
Profit 2 22.12$ (22%)
On the weekly time frame, a head and shoulders figure may be formed, which is a reversal for the price movement.
1 scenario: on the aisle price level $ 34 purchase, stop $ 33 (-3.5%), profit $ 42 (+ 22%)
Scenario 2: buying from current with a stop of $ 32 (-3%), profit of $ 42 (+ 27%), you can then buy 1/2 positions and buy the remaining 50% if the price goes above $ 34