Just some quick updates and thoughts on the market. We’ve seen a nice rally here, but I would be surprised to see more upside at this point. Markets are overbought and TLT is hitting its support trendline.
I am hoping we gap up in the AM to sell into.
I am liking the way GMXR is forming support here. Daily MACD being defended with hopefully a double bottom formation on the daily.
On the hourly, it looks like it could see significant upside shortly.
I am looking for $1.50 at the least. But I have been wrong thus far in the stock.
Best of luck and happy holidays.
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