A simple idea, a new down trend has been established. After Reversal-Bar offers a short @ 41.50
BIG bearish. Watch for some support around 42.00 but I think it has a great chance of making it to 38.28
At the end of the day to open a position in its direction . Stop to put a little above the daily maximum for short positions. For long -on the contrary .Here we have an excellent statistics: ten correct signals in a row.
Big Lots started to fill this gap zone in February this year but has not been able to break out of it yet. The MACD has been a good indicator so far and the blue line just recently crossed under the red line. A close under 36.25 will confirm this new downtrend and expect a retraction between 33 and 34. HAPPY TRADING!