Red Hat (RHT): Would You Be A Buyer?
SUMMARY
Here is a weekly chart of Red Hat (RHT) showing its five wave impulse. Would you consider wave 5 as being extended? Does wave 5 look to have moved in a near vertical trajectory? Is this angle of ascent sustainable? Is this the time to be taking buying or selling actions?
What do you do when you see an extended wave 5? Do you buy with open arms or sell and not walk but run? The pattern also shows that the rise has been pretty symmetrical to the left side. So, IF this is a Cup & Handle, then the handle could make swift work of a correction to pattern it out. For now, the ABC is marked to decline towards the 0.618 Fib zone.
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When an asset like this goes parabolic buying the top shouldn't be that problematic. Most likely you'll quickly be capable of rising your SL above purchase price.
If wrong, your SL will take you out very soon.
Bro AST plz
bitcoin help please
Bitcoin will rise... the accuracy of this site has been impressive for a long time: http://cryptosrocket.com/btc/2018/05/14/bitcoin-btc-update-we-just-made-an-emerged-crossing-were-going-up-target-9550
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