Possible reversal pattern in play. If it is...12.83 is the new support. and a good long play would be somewhere near this depending on the amount of risk you are willing to have. Place stop slightly below 12.83. Thanks KLANG for bringing this to my attention. Happy trading.
Comments
octradr
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Thank goodness for stops.
QuantitativeExhaustion
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Too early .. What made you get in so soon?
octradr
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Rising MACD, Potential bottom of upward trendline and lack of risk with good gap support.