without_worries的NASDAQ:REAL的The RealReal, Inc - 150% gain waiting for collection

The RealReal, Inc - 150% gain waiting for collection

On the above 2 week chart price action has corrected around 50% since May. A number of reasons now exist to consider a long position. They include:

1) Price action and RSI resistance breakouts.

2) Support confirms past resistance (blue arrows).

3) The trend, higher highs higher lows.

4) The Bull Flag, 2nd impulsive wave imminent.

Is it possible price action continues correcting? Sure.
Is it probable? No.

Ww

Type: trade
Risk: You decide
Timeframe for long: Yesterday
Return: 150%
Stop loss: Say elsewhere

交易進行

On support.

交易進行

past resistance confirms support.

交易結束：目標達成

Am no Dr Michael Burry, perhaps he remains long on this one.. . but at 140%, I'll take it.

Thanks for playing!