motleifaul

The bulls seem to have not the power to bring the stock back up and to close the window of June 5th. The support zone seems to halt. It is a very strong one lasting since March.

We have reached anmimportant support zone reaching from 27th April till May 8th. I think that we shall stop here and gom for an upward retracement.I am taking a fine first profit already but remain long with tzhe remaining position. What a day!The support zone mentioned is confirming now as the day seems to be ending with a Harami pattern. Given the still prevailing bullish trend we may look to yesterday's window with even more confidence now. I am increasing my long position again.I took some more profit now but remain long in this stock.Damn. But a stop is a stop.Nevertheless the whole deal was a good profit.

Did not expect this deep fall today. But as the momentum is still high I don't think that the decline is over already. There are some fine targets waiting to be reached lower. The mood is bearish anyway.Faster than expected.

1 1/2 month we have risen only. The last weekly candle has opened a window. As we have reached a perfect Fibonacci retracement level of 50% it may be not wrong to bet on a downward correction to close the window.The market seems to be not yet ready for a turnaround. I am closing and will wait a few days for a clearer signal.

Today the stock tried again to get a new top - successfully. But the top has been sold immediately! This week we have seen 3 windows. All of them are still open. This jumping from window to window shows an overaware market, perhaps artificial(AI!) pumping. The sale of the recent top is confirming my view. I am selling.Just to tell, I have hedged this position today. But I am leaving it active and will the hedge take out or close the positon soon. It seems not to be wise to keep the position unhedged ahead of the figures tomorrow.I am closing the hedge and take some substantial loss now but I remain short on NVIDIA. We are struggling to reach the February high again. Thus I suppose that the rule of the bears will take over soon.

The declinesince October seems to be over for now. Past week we had nonew low and the new attempt to fall past week could not be continued. This may be the beginning of a correction of the decline since February at least.I just realized that I had forgotten to notify the close of the position. I was taking profit on the long on May 15th already much to early. Sorry.Now it is timeto sell short again. Last week was an exhaustive bull run. This week we ended lower,i.e. the bulls run out of breath. A bigger correction may be ahead.

Yesterday's spike and the 3 days long lasting rise have been retraced today. The expectations have risen the past 4 days and we may expect a new test of the March high now at least.

We are holding above a 2 year old resistance. It had extensively been exceeded in November last year and as fast retraced this year so far. This looks as we have reached a level of market balance now. The candle stick Hammer may now hammer out this resistance as the new long term bottom.

After a drop of over 40% within 1 month it seems to be time for a recovery. The present low has been tested 3 times now and a failure to fall through now can be seen as a signal for an upward test at least.I am taking a first quick profit. Had not expected such an immediate rise. I remain bullish however with somemore Coinbases.

The fear is big and we have reaxhed a supporting MA now.Trying to stem against the fear.