%% AS long as you ignore the psycho babble on that chart\LOL\ + put 200dma+ sometimes 50 period dma on it. OCT is so wild, good thing i scaled out of my longs, but not all of them. And about the dumbest joke i ever read was in a good book / The RULE, by Larry Mint Hite. He told a joke about someone that never won the lotto, but prayed + never got in. And have to be in lotto to win, was the joke. Then he disclosed in fine print not a good idea to play lotto; but do have to be in to win/ in capital markets[Edit not that markets are gambling, but have to be in to win,, in OCT]
Beware guys! Next, Elon himself will show up at your doorstep with a sink and ban you personally. We live in crazy times
The psychology of such trades is also that when the trend becomes more obvious and clear and the price has been going in its direction for a long time, we think that it is very likely to continue. At the same time, our early successful trades tell us that we are right. But any trend always reverses, but we cannot psychologically accept this, since our mind continues to believe in the continuation of this trend.