Please see attached similarities between RSI and market movements in early 2013 IPO of Facebook 
FB, and early market movements of $DRIP. I see long term weakness in S&P500, till mid 2019 at least. Oil is going lower too.
I can see $30
DRIP by mid-January, and $68 DRIP by March to June. But this could go back to IPO too, but that will take much longer, (5-10 years).
Could be wrong, invest at your own risk. I'm just some guy on the internet.
FB, and early market movements of $DRIP. I see long term weakness in S&P500, till mid 2019 at least. Oil is going lower too.I can see $30
DRIP by mid-January, and $68 DRIP by March to June. But this could go back to IPO too, but that will take much longer, (5-10 years).Could be wrong, invest at your own risk. I'm just some guy on the internet.
Transaction en cours
Note
Trade still active. Aproaching $16 resistance, possible minor correction here, next target ~$19.Transaction en cours
We are approaching my TP of 19, broke through $16 with a little resistance as expected. I expect the graph to meet great resistance at 19-22 range.Note
Consolidating for next rise to ~$33 Fibonacci level. We could hit this in the next two weeks, no later than February 1st.Please see my VIX chart for further details:
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.