The green arrows show when price retraced, RSI also dipped below 50 and came back over the next day. If RSI is higher by end of day and price moves over yesterday's high, that signals more upside. Stochastic looks ready for a bounce.
Choose your timeframe and take profits accordingly. My initial stop losses: < yesterday close, < 30. It is better to reenter a trade than to lose too much capital.
Choose your timeframe and take profits accordingly. My initial stop losses: < yesterday close, < 30. It is better to reenter a trade than to lose too much capital.
Trade active:
My limit buy order at 32 was filled in premarket trading.
Trade closed manually:
My stop was triggered, exited position at 31.47. Price could bounce later today or tomorrow, however I prefer not to get stuck in the worse scenario that price goes down below 28 and my money is stuck in the position. My plan was to exit the position before the weekend, so I prefer taking a tiny loss.