Ready for some COCK and $EGGS action?
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After 7 red weeks in a row, does Strategy finally have a green week again? For now it stopped at the huge Volume Block, which might be a good Entry if you want to buy risky stocks I personally bought a few, speculating that Bitcoin will recover well over the next weeks/month, which then could bring the oversold stock up quite a bit. If that happens l'Il sell ~ 70% to be safe whatever happens and keep the remaining stocks as a "Moon Bag"
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Given IP's sharp 14.30% decline, wait for any rebound toward the $3.369 resistance before considering short positions. Place stop loss above $3.638. Target the recent low at $3.150 as IP shows strong selling pressure below all key moving averages.
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