|
Sharp decline was made today but sharply bounce back up. Ended today with -7% So you might wonder what’s going? You will ask yourself question if there is any issue with today’s filings or court hearing and doubt yourself if our shares will be worthless. As someone looking at TA, Today was their final phase to shake people off. I want to walk you through where we are at and where we are going. We are currently accumulation phase of Asecending Channel. This same Ascending channel was made even in 2020 March to September. And even HERTZ, GME before big PP candle showed up. So what’s really today’s action? Today’s price action was an indicator of “Spring” based on Wykoff Accumulation before break-out. This tactic is used to “mislead investors” before uptrend starts. They want “retails to give up their holdings” *Source: https://academy.binance.com/en/articles/the-wyckoff-method-explained *Source: https://academy.binance.com/en/articles/the-wyckoff-method-explained TTM squeeze weekly shows we are surpressed and we are about to turn green and the last time it happened was July 6, 2020. From July 6, 2020, after 84 days later, large break-out happened. If we add 84 days to current date, it will bring us to Oct 16. I’ve already mentioned alot on PPshow how this is all well-scripted and RC or Icahn has their best TA guys on their side to tell them when it is right to ignite the big green PPcandle. It’s November & next bigger break would be .. April in my opinion. Recently, someone made a fake account trying to U-COPY me. I changed my username and it’s 417 and you will know why in April. ​ Hertz final squeeze happened at the end of NASDAQ IPO relist and shareoffering followed by shareholderes saved by a group of investors. Yesterday’s filing showed M&A acitivity hours 402HRS but not only that I caught this month & date, April 23, 2023. Which means next April, BBBYQ could potentially get out of BBBYQ and reverse merged with TEDDY and re-entered in NASDAQ create final short squeeze just like HERTZ, relisting back to Nasdaq. ​ submitted by /u/U-Copy to r/ThePPShow |