
RIP Trebar
60 posts




$MU – We saw a similar box strategy play out with $SPY, which dropped about 6%. Seeing the same setup here: breakdown from the range, retest of the box, and rejection. I’m expecting it to find support and start basing somewhere around $250–$260 in the coming months. FYI: Anything can change with war










$SPY – Is this it? Box consolidations can be very dangerous, especially when they stretch from October to February. The longer and tighter the consolidation, the bigger the breakout move tends to be. Keep a close eye on $670 support. If that level breaks, $650 could come quickly. Now it all depends on how this Iran situation unfolds. Just remember: Long-term investors: No need to panic. Volatility like this often creates strong buying opportunities. No one can time the exact bottom. Swing traders: Yesterday likely offered the sell opportunity. Options swing traders: Sit tight and watch the action until VIX cools back below the low 20s. Day traders: This is your environment. Take advantage of the volatility and momentum while it lasts.



$RKLB - Can we get a push atleast?

