Daily rolling over looking for a pull back. We have higher lows
Weekly still way down their turning up some needs get above 30%
staying long small shares needs get above that 50 day MA hold I will add
Banks are no longer a long . They are rotating out of banks into Tech
Daily looks good nice engulfing candle, stoch pretty
look vol more selling buying
Weekly starting roll but still above 80%. I am early on weekly.
lets look at chart chart look rally we had on left daily see vol
know look this rally see vol dropping.
See how many times we hit test top cannot break thru
We can still go up more before its starts lets watch
staying long with stop
Remember I was short it and took all my profits
Daily wants to rally stoch up
Weekly not so still heading down has not turned up so with that the daily stoch rally will be weak
unless the weekly turns up, so in terms swing trading is a short still
with a small bounce
daily look lower highs like res short 66
SMH daily wants to head up I was short 244
took some off at 227, 3/4 off own 1/4
added a little today so my entry know is 245 just few shares
Weekly says stay short.
Just because I am long term does not mean u dont take some off.
I re add back in later called managing my money
not the stock, same goes for longs