An ABCD pattern has formed in the Daily in PANW at 247$. However, today tested the 250$. I think that if sellers are around, they should come in at 250$. I am inputting an order to sell at 250$ for a few days knowing that I might already be late. My stop is very tight, 4$ above at 254$.
I am hoping for a retest followed by a selloff. If we don't get the retest, I will not get in because the stop would be too big.
I am hoping for a retest followed by a selloff. If we don't get the retest, I will not get in because the stop would be too big.
Trade active:
I have been filled
Trade closed: stop reached:
I have been stopped out.