Scatty's BIG VIEW On The Stock Market

Discussion in 'Trading' started by Scataphagos, Jan 10, 2022.

  1. While it's possible the "final top" has been put in, IMV it's more likely a "correction on the way up".

    Assuming the final top is not in, markets in no real danger of going bearish until the nearest "important support" is taken out and holds/maintains below.* That be...

    DOW 33,000
    SP 4300
    Nas (QQQ) 350

    That said... a "technical long play with a tight stop" at those levels is reasonable.

    FWIW...

    *If this happens, all you perma-bulls should consider running for cover!
     
    Last edited: Jan 10, 2022
  2. upload_2022-1-10_8-49-9.png

    Are we looking at the same chart and the same stock? This is a penny dog...
     
  3. easymon1

    easymon1

    iscn.png cpmpq 2022 0110 w.png
     
    zghorner likes this.
  4. BKR88

    BKR88

    IMV = In My View
     
    morganpbrown likes this.
  5. IMO is a real stock. WTF(C) is. Too bad BTFD, OTOH and FWIW are not.
     
    BKR88 likes this.
  6. Overnight

    Overnight

    How about FFS, which is what this is de-evolving to? hehe
     
    KCalhoun likes this.