[SPCE] Next Candle Better Be Good or Bye Bye...
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Hammer candle alert... testing right below some nice fractals.
Tomorrow's candle should bring clarity to the direction we'll take next, I'm leaning short here though.
If we break under these fractals we'll likely land on orange around $40 briefly before the next takeoff (We're not likely to get much under $37 from here).
Not expecting much from earnings either way but keep an eye for any surprise.
Tomorrow's candle should bring clarity to the direction we'll take next, I'm leaning short here though.
If we break under these fractals we'll likely land on orange around $40 briefly before the next takeoff (We're not likely to get much under $37 from here).
Not expecting much from earnings either way but keep an eye for any surprise.
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Not lookin good! Need a close above the hammer and definitely above the fractals to have a chance...Note
Let's peer into the 5m microcosm and observe the power of fractals...Note
This is the point I was talking about earlier that we need to close above, which we just barely managed today! But it ain't lookin promising here ahead of earnings...This definitely strengthens the short case, a close under these fractals will solidify it.
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We got a small bounce off the fractals but still lookin like a downtrend here...Note
C'mon guys, we bounced EXACTLY off the orange line I told you we were heading to lol.That touch was just foreshadowing eventual movement down to that trend where we'll have some great buyopp especially if we drop below.
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Really not lookin great, more buyopp ahead!Note
25-29 is ideal pickup range on this downswoop.Note
Still falling, more downside in store...Note
Back in the value channel, now great time to loadup for next launch :)...
Data analyst with a passion for best fit lines B)
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