Some volatility with SCWX overall, consolidating now and looking to catch the uptrend. TTM might be winding up for more upside. Will try to catch it on the 0.5FIB. Putting stop below the lowest moving averages, and below the 0.618 FIB.
earnings are a few weeks away, and i need to decide if i reduce some of my position before then... i would guess that earnings will not be "great", and we have had a pretty good move.
we could be in a wave 4... does this hold up through earnings, or are we in the abc of the subwave?