IMO tomorrow is going to have a tremendous pull down. Who knows if the pull will continue through the day, but at the open tomorrow.. ohh boy. I got out today at 17.04 (see my previous NCLH post)
My best guess at where the downtrend reversal begins is below the current pivot and above the 20MA.
If the 20MA is not resistance to the fall over the next several days then it may retrace back down to the lower uptrend support. All of that will be determined near the middle of next week.
The pig we fed is currently at the slaughter house, but a new ones getting ready to be plumped up.
GL make some money.
My best guess at where the downtrend reversal begins is below the current pivot and above the 20MA.
If the 20MA is not resistance to the fall over the next several days then it may retrace back down to the lower uptrend support. All of that will be determined near the middle of next week.
The pig we fed is currently at the slaughter house, but a new ones getting ready to be plumped up.
GL make some money.
Comment:
Although today recovered to back near its open, it still closed below yesterday. Bearish.
I kick myself for being busy when this rocketed up. I’d have bought in then sold ohh well. Next time?
Surprisingly this went up after hours. We shall see how things play out Monday.
I kick myself for being busy when this rocketed up. I’d have bought in then sold ohh well. Next time?
Surprisingly this went up after hours. We shall see how things play out Monday.
After hours Monday pre trade and maybe post trade today will bring this stock back down and that’s ok. It’ll come back up.
I’m still looking to buy in between this weeks black pivot and the 20ma. If it doesn’t respect the daily 20ma. Then I’ll do my best to predict the bottom after that.