This was a sharp move lower on earnings.
This means there will be selling pressure, but careful buying opportunity exist.
Strategy BUY @ 2,375-2,400 and place profit order @ 2,890 for now. Stop-loss is required as the market is not completely overextended, and I suggest perhaps @ 2,150 (financial stop) for now.
This means there will be selling pressure, but careful buying opportunity exist.
Strategy BUY @ 2,375-2,400 and place profit order @ 2,890 for now. Stop-loss is required as the market is not completely overextended, and I suggest perhaps @ 2,150 (financial stop) for now.