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Posted On: 06/30/2020 1:05:16 PM
Post# of 148902
Glad to see moral is holding up here. These oscillations are not completely unpredictable.
I published this with wave a $10 channel top followed by correction to $6 three days ago.
Not surprising it went down and touched $4.65 just above 2012 highs and wave i of the parabolic channel.
https://www.tradingview.com/chart/CYDY/lnnybP...-progress/
The correction did not take weeks though! Should be in a triangle correction now ringing out between $6-9 a few days,
then targeting $12+. Probably won't ever see that $4.65 flash crash low again.
https://www.tradingview.com/chart/CYDY/zP7xEe...d-below-5/
When parabolas run away, they do need to come back to test the more linear base of takeoff.
If you sell too early is ok -- don't forget to have have buyback orders placed at the base of parabola.
I published this with wave a $10 channel top followed by correction to $6 three days ago.
Not surprising it went down and touched $4.65 just above 2012 highs and wave i of the parabolic channel.
https://www.tradingview.com/chart/CYDY/lnnybP...-progress/
The correction did not take weeks though! Should be in a triangle correction now ringing out between $6-9 a few days,
then targeting $12+. Probably won't ever see that $4.65 flash crash low again.
https://www.tradingview.com/chart/CYDY/zP7xEe...d-below-5/
When parabolas run away, they do need to come back to test the more linear base of takeoff.
If you sell too early is ok -- don't forget to have have buyback orders placed at the base of parabola.
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