Tuesday, October 1, 2019
[TOPS] update
Today I doubled down on my options-like position in TOPS. Just a few thousand now on the casino table. I'm treating this like a non-expiring call option on inflation. The first sign that the reversal is upon us will be a break back up through the lower rail into the body of the falling wedge. The numerical moves are small but the percentage moves are high.
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2 comments:
I use TradingView and BarChart, and your chart doesn't look the same as what shows up on mine.
I think you called it way too early, and thought so at the time. But imo it may be at a major correction point as of a couple days ago. If you get on barchart.com you can look at the whole chart going back to 2009.
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