I have been riding this for a buck and a half. Couldn't stand it when it jumped this morning, had to get out. Can't complain, but I am wondering if some chart guru's could tell me when they think this thing may pull back some?
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I have been riding this for a buck and a half. Couldn't stand it when it jumped this morning, had to get out. Can't complain, but I am wondering if some chart guru's could tell me when they think this thing may pull back some?
Buy close to 6.5 to .75 area with stops for some order in place and hold some to minimize the loss if the trade is not working anymore. Get out of everything if it goes below 6 on volume.
Dont chase if it gaps higher on Monday. Chasers will lose. If it does not come down below 7, look for some consolidation to happen before you get in for further move higher.
Sounds good!
Thanks