long here, I think this is the bottom to 40, at 200 sma, the green line... IMO
90 % PROBABILITY HERE BUT AS I SAID, THE SHORT SIGNAL WAS VERY LIGHT, JUST IN THE LIMIT. I WILL NOT TRADE THIS SIGNAL.
We'll see if it gets low enough for a swing
unless it can break the trend line, it will remain bearish.
buy long,,, 5 waves down complete, I think we get a larger abc bounce to those fib areas,,, what you say, IMO
+13% to retest $24. $24 Jul 20th options could return 50% if we retest in the next 2 weeks. RSI, Stochs and MACD all appear to be hooking up, so this might be ready to rock. Keep your eyes out for tonight's close.
Well... a bit of a gamble, but what happened in brazil has nothing to do with the companies there. They are all the same as one week ago. Good luck!