CMG Liquidity Hunt

Anything near the $3000 mark is getting a beat down. We currently have a pennant pattern in the making. However recent price action suggests this stock has been manipulated go higher then selling off nearing that $3000 mark price.

This suggests institutions are looking for liquidity to exit.

Overbought on the weekly time-frame and daily.

I expect a downside move next week or end of day today. Tread lightly and don't over-leverage yourself.

Zlecenie aktywne:

Downward breakout.

Zlecenie zamknięto ręcznie:

If you're holding puts, I would scale down here or take profits here and wait for tomorrow. If i made you a fuck ton of money, and you're feeling generous. I do accept tips. $stanthemotoman