EXC risk/reward play Long

Description

⋅ Dec 24, 2017 5:38 AM

Play the hand you're dealt

Comments

IsaRanjha

⋅ Dec 25, 2017 5:09 AM

If the support holds, are we headed back up for $42? Seems like it might take a few months?

LuchoTrader76

⋅ Dec 25, 2017 5:24 AM

@IsaRanjha, I think its possible from a technical stand point, the 50ma needs to cool off for a bit. look for a retest of the 200ma, its possible

gumbtg

⋅ Dec 24, 2017 4:29 PM

also at old resistance. maybe becomes support?

LuchoTrader76

⋅ Dec 25, 2017 1:54 AM

@gumbtg, absolutely! 38.50 is key