New Trader looking for your guys opinion.
EFUT is looking like a Supernova (Tim Sykes Charts) possible has hit its top or one more day of it before the fall.
Three days up from about $5 starting on 11/16 , then two days of a dip (11/19, 11/20), then today 11/23 it explodes from $6.26 and peaking at $12 high (doubling) at about 3pm EST. This could be the top or one more day. But the chart is surely looking like a Supernova to me.
Can others please share their thoughts...
Posted Nov 23, 15 1:49 PMbydubsquared
Tickers
EFUT
I am not sure if Tim would call it a SuperNova. I know he would call it a "Earning Winner" since the stock is up as a result of earnings news. But to be honest it could be both. Definitely one for the watch list.
I absolutely agree, this is like a pimple waiting to be popped. lol....\
Yup, but now an earnings winner too so there's conflicting indicators, I'll stay away
I'm SOOO glad I covered my short at $6 last week! after KBIO short-squeeze I'm playing it even more safe! Tim safe strategy really works, saved my account from blowing up with KBIO and EFUT! phew!!
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