We get one bounce in the middle of a move down and everyone immediately turns bullish. This chart still looks ugly to me. If you look at the chart, we've only seen 4/5 waves down. I think we're about to see the last leg down that breaks the lows from yesterday.
If the math is correct, $8.55 is the level to bid.
If the math is correct, $8.55 is the level to bid.
Comment:
Target hit. Just bought.
Comment:
Played out to perfection. " I think the first target is $8.55 and then we should see a pretty large bounce after that -- maybe to the $20 region. "
Trade closed.
Trade closed.