G13 breakout 93c
buckle up guys. next TP 99c. it found support at 87c which closed the gap from last pump on 14 Nov23. look at volume for past 2 days including today, crossing MA line signalling bearish reversal and 3 white soldiers means bull is back. What do you think guys?
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Hanuman : Sorry, can you simplify in lay man terms
Mochi Luv OP Hanuman : This is technical analysis. In short, if price breakout 93c, means next target 99c. A little early to get excited cause accumulation phase takes 3 months. But sometimes spike can happen earlier and the dip will be fast as well when that happens. Stock market is a game of casino. Banks hold the chips and determine the direction. Look out for various phases, accumulation, public participation and distribution. We are now at accumulation phase where smart money gets in and banks buy more to prepare for the pump.
010Leo : praying for 99c, poems je says resistance 102
buy-buy-buy Mochi Luv OP : so now accumulation or distribution or what?