Potential Head & Shoulder Forming On The Weekly... Facing still resistance at the $350 area, and should retest support at $280 within the coming days/weeks. If 280 breaks, should retest $240 (the h&s neckline) and could crash to $100 if that doesn't hold.
Time to take profit/hedge imo
Time to take profit/hedge imo
Trade ativo
As you can seem the right shoulder is attempting to form, with this week's massive sell off (with big volume)... Elon and Trump's feud only adds fuel to the fire.My price target personally is around $250 but this could see $230 give or take. I don't think this will actually break the neckline however.
$250 will be my target entry to go long. This has the kind of breakout potential that will make fortunes if you can time the entry right and stay patient and disciplined.
GLTA
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