price moved below uptrend line; RSI does not help;
I am out of this game or now
It can last hours, days or weeks; waiting to buy in a reversal.
You know the drill
Let's take a look the price action from here
A selling force reflected by a long bearish candle is followed by the second day's vacillation. This could be a reversal
It might test support or resistance 85ish or 73ish ??
right at support in Fibonacci. Interesting setup for a dead cat bounce
Risk / Reward relation almost 2/1
It can take months to take profits around 132 ish and then 145 ish
My big order still at 45.13. If markets are the ok following days, this stock should be fine
See the volume going up, after touching lows of the day, for now still slightly bullish
I am long.
Below 60, long thesis is off though, I like 5 minutes candles
S/L around 119.39 would be my first stop, I would not short it neither