again first and foremost remember this is a long term play, will
take years to play out fully. Decide your time horizon and
strategy. Steve for example who probably has a few hundred
thousand shares will sell 10K or 20K shares on that up move,
selling portions, while keeping his core. Then buy back on
pullbacks, that's his style.
Short term technicals remain what I said on Monday and
yesterday, the 4 area is resistance and a place for consolidation
and that is exactly what has happened so far. The hope is for some
sort of bull flag to setup on this consolidation. The 9 EMA is
first support. It has the potential to form a cup and handle if the
pullback is not too deep here
news wise in the short term I'd expect this to move off the OTC
to the Nasdaq sometime soon maybe over the next month
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again first and foremost remember
So amazon is opening 12 stores around the country where ...
Posted by matt on 16th of Jun 2021 at 10:29 am
again first and foremost remember this is a long term play, will take years to play out fully. Decide your time horizon and strategy. Steve for example who probably has a few hundred thousand shares will sell 10K or 20K shares on that up move, selling portions, while keeping his core. Then buy back on pullbacks, that's his style.
Short term technicals remain what I said on Monday and yesterday, the 4 area is resistance and a place for consolidation and that is exactly what has happened so far. The hope is for some sort of bull flag to setup on this consolidation. The 9 EMA is first support. It has the potential to form a cup and handle if the pullback is not too deep here
news wise in the short term I'd expect this to move off the OTC to the Nasdaq sometime soon maybe over the next month