@700k:$Immuneering Corp(IMRX)$ Congratulations to trader who had bought on 28 march for swing If we can close above the resistance line this/next week and break out, there'll be a high probability of a strong rally ahead... and we could be in for tons of profitable opportunities where we can expect similar gains to those we saw in Jan 2023 (But you got to know how to pick the right stocks). Even if the rally does not sustain this week, and say another sell-off happens, we can still profit by following the market's direction and reacting according to it ..which is exactly what we did in Feb-Mar. That's the beauty of trading. The journey to the next bull market will take some time, but having the right trading knowledge allows us to profit off the
@Asphen:All set for PCE pump or dump!! Will it be 407 or 396? - Sideways movement on Thursday in anticipation of Friday PCE - Thursday saw a "controlled" sell channel finding support at 402 and then ended up strong on a "controlled" buy channel (See 5mins chart) - MA5 pulled away from MA20 (bullish) - MA5 and MA20 will become support for any downdraft - That's why support will be good at 400 (MA5/50 confluence) and 396 (MA20) - A good PCE would probably gap up at open to 407 and make its way halfway through 407-416 range. Likely 413 resistance first. - A bad PCE means 400 and then 396. Overall, bullish for me as MA5 and MA20 reference. Will liquidate my long positions if 396 is broken. @TigerStars
@KittyBruno:$Alibaba(BABA)$$Alibaba(09988)$ This might be just another hickup and small bounce from 80" support to get RSI from oversold levels to tank further in fututre. If the volume picks up and stock rises we will get bounce.In January when BABA was $120 the technical analysts here were predicting a breakout to $140 - $150 by earnings. Now want credit for predicting a bottom of $74 - $78 using their fettuccini curve. Fun to watch.