Lemonade, Inc.Long
In a bull trend, Buy the dip until proven otherwise.
The short term lemonade trend is up.
This means one thing and one thing only (to me).
- Buy the Dip
Ignore whatever fud, ignore the red colour, ignore the anxiety in your head giving 20 reasons why it's going lower
Buy levels to look at
- $79 - would buy 1/3
- $73 - would buy 2/3rds
These are the 0.382 and 0.5 fib levels respectively
I would wait until a confluence of support occurs at these two levels. Such as
-TD red 9 on hourly (4 hourly unlikely)
- 4 hourly 20 ma 1 hour 20ma/50ma
Looks like the likely timeframe of my buys would be either Friday or the following Monday.
This means one thing and one thing only (to me).
- Buy the Dip
Ignore whatever fud, ignore the red colour, ignore the anxiety in your head giving 20 reasons why it's going lower
Buy levels to look at
- $79 - would buy 1/3
- $73 - would buy 2/3rds
These are the 0.382 and 0.5 fib levels respectively
I would wait until a confluence of support occurs at these two levels. Such as
-TD red 9 on hourly (4 hourly unlikely)
- 4 hourly 20 ma 1 hour 20ma/50ma
Looks like the likely timeframe of my buys would be either Friday or the following Monday.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.