mikestro

mikestro

I think these large shorts are suppressing BSV price discovery and invalidating wave counts. Ive just followed long-standing lines of support and sketched a possible path along lines of confluence with the fibs. I believe that all the suppressive action over the last few years will have an equal and opposite reaction to the upside when the positions shorting BSV...

mikestro

Assuming macro wave 4 has bottomed and we are running up now in wave 1 of 5 $1000 SNX would be $114B MCAP! I think the ~$490 looks more likely either way timeframe is 100-300 days I have had to ignore the very unusual wicks in wave 1. But also tried to incorporate them in a loose sense where they do indeed show some confluence! I admit this is a bit hopeful. The...