We got above average volume today on the gap up. Though it's more of a gap and go, I'm looking for it to "fake" a retest of the support/resistance level I have at 8.09 It's likely to retest this level at some point within a week or two max. Hopefully quicker. 2R is just above the next resistance level, but the previous peak had two days in a row that hit the target price. If we hit the target quick enough, lots of room before the next strong resistance.
@Reallifetrading, Thank you! I was triggered in to MT and CLF this morning as well as stopped out of AMD @ 11.30, small loss on that one, but a 3.25R gain on FCAU that I exited yesterday. All thanks to you and reallifetrading! Thanks Jerremy!
Reallifetrading
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@Federman19, YES!!! CONGRATS!! Good to know on MT and CLF!