Liberty $LBRT falls past first previous low stop; SUPPORT?!
מעודכן
LBRT re-tested a previous trough @ 6.44. It found some good support at that line, but it is now starting to dip below it. We are thus targeting 5.6/s as the rough area for it. Considering a top out was previously called at 10.44... this is a 100+% ROI on a mega-long-swing. That said, be patient w/ entrance and also with exit -- if you like "quick results," this isn't your play.See also the related idea wherein these entry points were first charted (more of a Proof than any reason to really read it - most of the same things were just said here, but it's an update).
HAPPY TRADING, Bears & bulls!
(I am a bear today anyway)
-BDR
הערה
The fall is mostly approximate at this point...6.4 is a strong support level, but we'll let this play out through at least the rest of the trading week before any re-entries.
הערה
Re-entered at 6.60. Any trace to the bottom low will just be an "oh well" since the correction to true value may take "A BIT" at leastהערה
1/2-exit at 8.4/s will be executed with the second half waiting on the fuller correction after it meets the resistance it likely will at that level..
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.