Some damage done today (Swiss gold vote news, Fed, etc.) but not broken yet.
bad:
. fell back into channel instead of bouncing up.
. RSI support broke (tiny bit).
good:
. channel is up
. red support not hit yet.
. channel support not hit yet.
. price still well above 10 day MA.
. 10 day MA is still pointing up.
. MACD and Stoch in good shape
when to sell:
. will sell if channel support breaks (around $18).
when to add to position:
. if bounces up from any support.
bad:
. fell back into channel instead of bouncing up.
. RSI support broke (tiny bit).
good:
. channel is up
. red support not hit yet.
. channel support not hit yet.
. price still well above 10 day MA.
. 10 day MA is still pointing up.
. MACD and Stoch in good shape
when to sell:
. will sell if channel support breaks (around $18).
when to add to position:
. if bounces up from any support.