skylover
2021-05-28

It looks like ifast is running a bit too high for the past 2 days. Those who long it congrats! For those thinking to buy should wait for it to consolidate. DYODD?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SGpHANtom
    2021-05-31
    SGpHANtom
    it may or may not go back to $7, but that's the support level. if it consolidates now, EMA may catch up. else it may retrace downward.
    • skyloverReplySGpHANtom: 
      True agree on that.
    • SGpHANtomReplyskylover: 
      my target for 2021 is $8. anything above is a bonus. it needs to consolidate soon for EMA to catch up, else it may trace down to meet the EMA instead.
    • skylover: 
      Yap it may or may not but I'm expecting the consolidating range to be ard $7.40 to $8.1 before it proceed further upwards
  • YiLong_Mask
    2021-05-29
    YiLong_Mask
    Whats your thought of this? Was tHinkinG that its too high already. Should wait for the dip?
  • Kaboom
    2021-05-29
    Kaboom
    How can one tell that its going in for correction? The RSI?
    • skylover: 
      Yes. If base on last few round it shld consolidate around $7 plus
  • SGpHANtom
    2021-05-31
    SGpHANtom
    totally agree. immediate support at 21 EMA is around $7. May be volatile for now until EMA catches up.
Leave a comment
11