at the 50% bollinger level and just above a supporting trend line...time will tell if these will serve as support or not, but I am calling long on one position in this zone, with dry powder reserved if support breaks.
Comment:
Trend line hit, pulled the trigger on the long position @8820, will convert 2 positions of dry powder in the 7500-8000 zone if current trend line support breaks and we enter that lower zone.
Comment:
Trend line broke, got 2 positions at 7800, have dry powder for 3 positions at horizontal support around 6000-6300 if we go there. Feeling good very about this pullback and my buy points.