When on the street you hear someone telling a friend he put all his money in TSLA at 750 because it's definitely going to 1200, and he needs to do the same, start looking short.
Peak on a short squeeze, creating doji reversal signal, then a failure to retake highs on momo and retail buying. Upside surprise has turned to downside surprise. Nothing below but gaps.
We're now in lower highs and lower lows.
This hourly cycle looks like it's about to fail, and a break below 790.59 will signal another failed cycle.
Peak on a short squeeze, creating doji reversal signal, then a failure to retake highs on momo and retail buying. Upside surprise has turned to downside surprise. Nothing below but gaps.
We're now in lower highs and lower lows.
This hourly cycle looks like it's about to fail, and a break below 790.59 will signal another failed cycle.