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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (55037)	3/18/2022 5:30:15 PM
From: Lee Lichterman III	5 Recommendations Recommended By ajtj99 kimberley Lou Weed LoveAG roto Read Replies (2) \| Respond to of 97593

Disagreeing is what makes a market but I think you're early. FA wise, I think you're right as I posted this morning. However, we were DEEPLY oversold and sentiment was almost record bearish. I think we are going to squeeze shorts until like the top in December, there aren't many left. Then they can pull the rug out again. We peeked out of a lot of the downward channels as of last night and the failure to go back in today shows me that we can move up some more. Reading around SI, the permabulls are chest thumping again so that is a bit concerning but like I said a bit ago, coming off of a fresh weekly buy signal, I'm not expecting a resumption of the down grind until later. I do think that next week, we should get a dip to retest some breakout lines from the top side and I plan on buying them. Again, I'm no ewaver but I expect kind of a ABC move up and this last few days were probably just the A.