Its hard to gauge how high or low we move, but if you have been following me lately, we have been nailing the movements of this stock.
Called for the move up today, and i called for the move where we gave it all back.
Now i will be looking for a W pattern to show up, but it will double top in the 18s, and get rejected. i will be expecting a small gap up on friday morning into the 19s to get rejected and sell off to retest the 15$ range next week to form our higher low.
i was expecting a little higher of price action, but with the price action being slowed down we are hitting resistance at lower spots, but we making the move, none the less.
if the trend line we are holding on the smaller time frame gives out, then all this will be invalid. and a lower low could be made.
i dont want to see this break 15.90. but if we hold and actually do the baby gap on friday, then i for sure will be nailing the price action of this stock for the next couple weeks.
max pain this week is 19$ .... which is oddly enough, the price i see this getting rejected at Friday.
Good luck.
Called for the move up today, and i called for the move where we gave it all back.
Now i will be looking for a W pattern to show up, but it will double top in the 18s, and get rejected. i will be expecting a small gap up on friday morning into the 19s to get rejected and sell off to retest the 15$ range next week to form our higher low.
i was expecting a little higher of price action, but with the price action being slowed down we are hitting resistance at lower spots, but we making the move, none the less.
if the trend line we are holding on the smaller time frame gives out, then all this will be invalid. and a lower low could be made.
i dont want to see this break 15.90. but if we hold and actually do the baby gap on friday, then i for sure will be nailing the price action of this stock for the next couple weeks.
max pain this week is 19$ .... which is oddly enough, the price i see this getting rejected at Friday.
Good luck.