With a fibo retracement of 32% this is a good entree point. I but only 300 shares at 35.50$ with an stop lost at 32.00$. My long conditions are: RSI>50, MACD over 0, price > WMA30 convergence signals for a long trade. If the market move up I will add 300 shares more. with the stop at 32$.
This is a swing position all my positions are swing only. I Never do day trade.
This is a swing position all my positions are swing only. I Never do day trade.