Jul. 25 at 2:45 PM
Friday seems to again be what it too often usually is — lousy day to hold stocks.
$SDST is very sluggish on the upside, and instead of continuing up, as it looled poised to do yesterday,
$OPI has instead decided to take at best a pause day today, and at worst start another bull flag correction as it did on July 8.
I am looking for
$OPI to retest its hourly 20 SMA as resistance as a sell target today, unless it keeps dropping in the next hour. I do not hold through downward corrections. There’s simply no need to.
The one bright spot today is that
$GIBO seems to be resuming its uptrend. With even its 50-Day SMA — a normally quite achievable target — offering a potential 700% return, I’d rather be in
$GIBO than in either
$SDST or
$OPI at this point.
$SDST can’t seem to get past its previous July 14 high of 0.622 and looks to be forming a black hammer top anyway.
So, I’m looking to sell
$SDST and
$OPI, and start buying
$GIBO for next week.
Like I say, it’s Friday. 😩
