Looks like its in for some down action as both RSI and Price action are leaning towards a descending triangle which most are inherently bearish.
Still has some potential gains to attack the top again and break free but something tells me the selling isnt over
Still has some potential gains to attack the top again and break free but something tells me the selling isnt over
Comment:
broke support and now using the channel as resistance - im out!
Comment:
Stop loss was good for the wicks...made the pump
however it didn't hit the 60% goal so I wait
For now, Im looking to see the back test at $2.75 and....
if it bounces i will go back and investigate
if breaks structure through the downside again, exiting this trade might be a good idea
however it didn't hit the 60% goal so I wait
For now, Im looking to see the back test at $2.75 and....
if it bounces i will go back and investigate
if breaks structure through the downside again, exiting this trade might be a good idea