Took an unorthodox approach on this one, using moon cycles as tertiary indicators. They seem to work well when coinciding with major resistance/support, either from trend lines or moving averages.
Looking at the chart, were topping out within the large, rising megaphone. The doji on the daily confirms the selling is kicking in. I have a price target or 395-400 and within the next 3-10 days.
THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.
Looking at the chart, were topping out within the large, rising megaphone. The doji on the daily confirms the selling is kicking in. I have a price target or 395-400 and within the next 3-10 days.
THIS IS NOT TRADING ADVICE, I'M NOT A PROFESSIONAL.
Comment:
Moving down in the right direction. Close 1 put, opened 2 others at the pullback yesterday. Looking to close 1 if not both at the 395 level. If trend continues, looking at the 385 gap as new tg.