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.
I use TradingView and BarChart, and your chart doesn't look the same as what shows up on mine.
ReplyDeleteI 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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