this thread is a circus. and you, lizardman -- you're the ringleader. thanks for the overconfidence and letting me know that you were 'all-in', it was a very reliable contrarian indicator, and it paid my whole months rent as i slept peacefully.
oh, and does your so-called 'fibonacci analysis' only work after we start crsahing? you changed your tune quite a bit once we broke that $120 wall. told you you ought to have parked some capital there.... if you were clever and not so self-absorbed as to be unable to interact appropriately with others, you'd have managed risk and kept liquid funds, made the bear put more accessible to people on the forum so that they'd actually take it (there was a decent amount of demand), and then parked the capital on $120. i think that may have helped soften this capitulation, and it would have been a great hedge.
oh well xP
Since when did you have a handle on the market? Yesterday morning you were full bull and saw the upward trend continuing. So you didn't see this coming yesterday, in fact predicted the opposite, and now you're lecturing people on charts and fundamentals? Within 24 hours you were horrifically wrong. You probably need a timeout. But you did have 2 good charts showing the upward trend. Maybe you can photoshop those, since they're sorta upside down based on what actually happened.
we are consolidating very bullishly, and are nearing an upwards breakout:
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*10-day 1-hour scale*
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notes:
(1) price following strong (3-pt) moving support
(2) Accumulation/Distribution confirms this trend
(3) CCI also confirms this trend
(4) Bullish midline crossover in the Stochastic RSI
(5) Bullish midline bounce in the Slow Stochastic Osc.
here's some direct price analysis:
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top marked by high volume, consolidation marked by low volume, anticipating a spike in volume with the upwards breakout to confirm "trend continuation".
--arepo
