The tale of the of two bubbles. Those who want in and those who want out.
I see a trading opportunity. Price is approaching a level with the potential
for a lot of supply. It has made one approach already and failed. This time
the bulls don't have the momentum they had the first time. I suggest a stop
just past our last top 16.30 and see a conservative first target of 12.50. I
suggest an entry just as price leaves the 15.80 - 16.30 zone.
I see a trading opportunity. Price is approaching a level with the potential
for a lot of supply. It has made one approach already and failed. This time
the bulls don't have the momentum they had the first time. I suggest a stop
just past our last top 16.30 and see a conservative first target of 12.50. I
suggest an entry just as price leaves the 15.80 - 16.30 zone.