Looking at the Weekly chart…fucking fantastico

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But not without games…Pay attention to the 68.59 rsi set an alert then after it hits it could look to retest the the MA (yellow line on RSI) on the way down. Please remember nothing goes straight up unless your Nancy Pelosi buying calls. Remember no one knows what price is gonna be at either of those levels but pay attention to them. The chart above shows the weekly downtrend channel so look for a break of that and a come down restest and resumption for trading (I’ll post weekly) the MACD is just getting lit which I find interesting this could escalate faster than a stripper DUI stop on Real Cops. I heard $80 was fmv providing that’s accurate I’d say WS does the usual by taking it higher than that especially if markets cooperate. XLF was the leading ETF during a down trend last week think about that for a minute after seeing this weeks action. It was $91 peak begging of 2022 after pandemic so we’re not at the first pandemic wave rally highs. I think it’s has the potential to hit 45+ by weeks end and then retest 34-35 after. I’m a chartist don’t really care about anything other than the chart (it never lies) My first few posts on here was about wyckoff accumulation pattern looks as though that was correct. I’ll leave it up to you and your vivid Imagination as to who and or why someone wanted this so cheap and what did they do in order to get it? Or was it just a pattern algo trading pattern that someone saw and took advantage of? Makes no difference….Volume is insane as we all probably know, crazy that this was trading 256k shares a day, days ago. That would have been a good time for shorts to pull the rug but they didn’t should have also spoken to you in your sleep. With SI higher than Snoop dog in an all you can smoke dispensary buffet. It boggles my mind how high this can get. I refrain back to the DD post on Wall Slut Bets about a 500 bagger and ponder if that could be accurate? I’ve been in and out of markets for 30 years now and have seen a lot of crazy jizz shit. 90 days ago I purchased shares for $24 and went through all the sewer system crap this real housewives of Wall Street baby mama drama had brought onto your living room. I never sold I never traded l just held and I’m still holding and am gonna still be fucking holding until the end…of my friend the trend. P.S. the chart shows a gap up 21.75-24 (I fucking hate gaps🙄 because at some point they always get filled…HOWEVER this did not actually gap up it traded with heavy AF volume and the only real gap is between 21.75 and 22.5 not a big deal and hopefully god pwety pwease can we get a hall pass on that after all we’ve been through?!

submitted by /u/Igetlucky66 to r/RILYStock
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