Maybe a vacation wouldnt be so bad (2)
This chart looks really nice and technical, it completed a ABCD pattern to the upside and we might have a pattern to the downside. I would like to buy the dip and see where things go
Timing = 1 ( lately this stock has pulled back with the market & my current bias is we are finding a bottom to reverse soon)
Volume = 0 ( The volume was weaker on the move up and stronger on this latest sell off making me think that there might be more downside )
Group strength = -1 (The consumer cyclicals have broken some key resistance)
Entry = 1 ( i like this entry below current price bc i have bias for more downside in the current market)
Fractal = 1 (fractals support a reversal )
Timing = 1 ( lately this stock has pulled back with the market & my current bias is we are finding a bottom to reverse soon)
Volume = 0 ( The volume was weaker on the move up and stronger on this latest sell off making me think that there might be more downside )
Group strength = -1 (The consumer cyclicals have broken some key resistance)
Entry = 1 ( i like this entry below current price bc i have bias for more downside in the current market)
Fractal = 1 (fractals support a reversal )