PINS has sold off hard following the bearish harmonic completion. All three targets on that trade have been hit. Its now coming into a buy zone so I will be looking to start adding back to my long position in the 70/72 zone.
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Close to confirming a double bottoms. Short term traders need to set stops at low of day.
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Stopped out due to market weakness. Will re enter if the market reverses.
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I stopped out yesterday but am now looking to re-enter as the market found some legs today. Here's a pic of what I'm looking at. As always we need follow through on the NAS tomorrow as well to make this valid.
