The technology segment continues to be the primary talking point on Wall Street, a great deal of which started out earlier this week with the Facebook fallout. Many other technology companies are getting hit as many presume social media might have strayed into the mass media space and ponder whether laws and regulations might be forced to undertake a restricted role - that is a good thing. This has mainly been the key reason why the Nasdaq was all the way down nearly 3% pulling the broader Dow Jones and S&P500 with it.
BTW We have moved our stop to 25395 to protect the profitable ongoing trade, and we also have designated second Take Profit level (T/P#2) at $22135.
Reminder: After initially moving the stop to protect your trade as the trade progresses in your favor, you may leave it there until the initial Take Profit target is hit, or close the trade if there will be a substantial retracement or reversal before the price reaches the destination.
BTW We have moved our stop to 25395 to protect the profitable ongoing trade, and we also have designated second Take Profit level (T/P#2) at $22135.
Reminder: After initially moving the stop to protect your trade as the trade progresses in your favor, you may leave it there until the initial Take Profit target is hit, or close the trade if there will be a substantial retracement or reversal before the price reaches the destination.