SOL's Extreme Dump - Mean Reversion Time?
SOL at 3.5 std devs below its 200d MA. Short-term pain, long-term gain? Let's accumulate here.
Add to the Discussion
Share your take, challenge this thesis, or add your price levels.
Discussion Thread (11)
3.5 std devs? More like a discount, not a dump.
3.5 std devs? Sweet spot's at 4.5. Let's calibrate stops.
3.5 std devs? Watch for 61.8% retracement level at 11.5 for confirmation.
3.5 std devs? nah, 2.5's the sweet spot!
3.5 std devs? I'm seeing 2.8, still squeezing.
3.5 std devs? more like 4.5. me thinks 30$ the pivot before dca.
Agreed, but 3.5 std devs isn'tExtended enough. I'm waiting for 4-4.5 before loading up!
OB evident at $25, FVG $30. Accumulate here, tighten stop
3.5 std devs look gr8, I'm in at 30 EMA support. Accumulating more on retrace to 50
SOL's 3-day OB at $30, FVG $28-$32. Mean reversion likely if find buyers at $28.
$sol's -20% today riding a 3 week bear train, 2.5 sd below 30dma. buyers absent, sellers still hungry. eyeing 15-18 support if we see a retest.