Give it a few days and pull the trigger. RSI as well as trendline points to this being deeply oversold.
This was another classic setup if you are still holding this trade, the chance to see below $100 is increasing. Join us woowtrading.net
We recommended to short right after it peaked at and around $124 in January but price pulled backed moderately and continued upside and printed all time high at $125.45 patient traders added more last higher highs after higher low. Now, the price formed what looks a classic head and shoulders top which is bearish pattern with high reliability. If you are not in...
121.44-120.49 30-minute Range of high volume sell. Looking to nibble a small short position closer to $122.50, paired with LTD long. Will add to short on 50DMA break on volume or cover a bounce.