Like the R:R for a long here.
Gap Filled on the Daily, right in the OTE Fib Zone (.62-.79), rejected at HVN on volume profile.
Community sentiment is "strong sell", all sorts of FUD in the news... what do you do when the majority is calling it one way?
Buy, Buy, Buy.
Gap Filled on the Daily, right in the OTE Fib Zone (.62-.79), rejected at HVN on volume profile.
Community sentiment is "strong sell", all sorts of FUD in the news... what do you do when the majority is calling it one way?
Buy, Buy, Buy.
Trade active:
Still in trade.
Added to my position some as price has bounced around $3.00.
Earnings may very well be the catalyst for a break down to yearly lows, or propel us up and away from this sideways price action.
If you're green on the trade and anxious to take some profit, it'd be a good idea to do so a day or two before earnings (AUG 15th), if so, keep a little on in case it's positive news and takes off.
Cheers!
Added to my position some as price has bounced around $3.00.
Earnings may very well be the catalyst for a break down to yearly lows, or propel us up and away from this sideways price action.
If you're green on the trade and anxious to take some profit, it'd be a good idea to do so a day or two before earnings (AUG 15th), if so, keep a little on in case it's positive news and takes off.
Cheers!