Hi:
Yesterday I was expecting a pullback since the bill was about to be passed. And it did. It was an easy .618 retracement that didn't hold for long. Since that failed, I am projecting that a new downtrend will form since next week, possibly triggered by the rising number of infections. Potus' plan to work on Eastern is probably gonna fail as well. So, because of that, I am still extremely bearish and holding my shorts. Target Price is labelled on the graph, feel free to check.
Have a good weekend
Yesterday I was expecting a pullback since the bill was about to be passed. And it did. It was an easy .618 retracement that didn't hold for long. Since that failed, I am projecting that a new downtrend will form since next week, possibly triggered by the rising number of infections. Potus' plan to work on Eastern is probably gonna fail as well. So, because of that, I am still extremely bearish and holding my shorts. Target Price is labelled on the graph, feel free to check.
Have a good weekend
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.