Fice waves down completed from recent highs, hitting 50% fibo of Major LT move.
Nice bounce with IHS pattern on 15min off of lows and strong retrace begun.
Entered long at 17.30, looking to add on dips.
Like the stock as a long term trade also, which helps confidence.
Nice bounce with IHS pattern on 15min off of lows and strong retrace begun.
Entered long at 17.30, looking to add on dips.
Like the stock as a long term trade also, which helps confidence.
Comment:
Positive divergence on Daily, weekly, and relatively large daily volume at lows over the last week.