What is the next resistance level?

2023-04-04

Not yet the dumb money has to actually believe we are in a new bull market. Plus you have to have the bears capitulate and positioning and sentiment have to go extremely bullish. Then I would load up on puts. Right now people are still short. Dumb hedge funds got caught on the wrong side by being short. Now the bulls trying to get back what they lost last year. Once the shorts capitulate I would probably wait for that setup. It’s all about positioning and sentiment really. I’d look at the COT reports which contains valuable data to know which is a better risk reward. This stock however can only appreciate more if they fire the CEO and get someone competent. Good luck to all.

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Comments

Zirong921
2023-04-04
Zirong921
Good luck to al
sinneDteo
2023-04-04
sinneDteo
Good luck everyone
Tigress02
2023-04-04
Tigress02
🌷❤️
cutetigger
2023-04-04
cutetigger
[smile]
Ben789
2023-04-04
Ben789
Ok
Reds2007
2023-04-04
Reds2007
Ok

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