I angled the support line a little lower since price action was dropping a little lower compared to the two strong bounces on the left of the chart. I don't expect much good news this week especially with the white house redefining what the word "recession" means; sheesh. But in any case, cars still need parts and I'm hoping investors know this (just look at the chart based on all we've been through so far).
I can see a dip below my lowered support line and then rely on the strength of the name brand to bring money back in to continue the long standing incline that we're accustomed to.
I'll watch $1950.
I don't do advice.
I can see a dip below my lowered support line and then rely on the strength of the name brand to bring money back in to continue the long standing incline that we're accustomed to.
I'll watch $1950.
I don't do advice.
Trade closed: target reached:
Done, nice!