Is Buying the Support here a good idea?
Updated
INSY has reached it`s Pivot Support Zone @ 8,75$. Trading below that level could initiate a sharp sellingwave. In my opinion are here based several strategical and tactical stop loss orders which could acellerate the downmove.
-The anticyclical risk Lover could buy this actual Level, this anticyclical Long has a very nice Chance-risk Ratio. I don`t trade such situations - i never fight against the trend. The TP could be the min. correction fibo @ 10.75$
-My favourite Szenario would be the breakout, the break of the Support.
The RSI is signalizing, that we perhaps will not break direct through the Support Level, so i exspect a move like illustrated with the blue line.
-The anticyclical risk Lover could buy this actual Level, this anticyclical Long has a very nice Chance-risk Ratio. I don`t trade such situations - i never fight against the trend. The TP could be the min. correction fibo @ 10.75$
The RSI is signalizing, that we perhaps will not break direct through the Support Level, so i exspect a move like illustrated with the blue line.
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the first step is done Note
the support was bought....let`s see if it is sustainableNote
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it seems not to be sustainable, it seems very weak to me so i exspect a dynamic sell off theses days if we trade belo 8,75 Note
this is the last Chance to take a Long....but that is anticyclical and very risky, so u should wait for a procyclical Long Signal, for example stoppbuy > 9,5 Note
for me the most Logical trade is the short, stoppsell below the lows at 8,75Note
bearish Flag Attack! Note
reached trading mark again! Note
they really bought the support again...against my exspectation! we kissed the upper sedge of the flag -this is the next decision point Trade active
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flag is activated Note
neearly reached flag tp Note
downwave in full swing... Note
the Chart brightens in the shortterm view with Prices > 7,7Note
yeahhhhhhhhhhhhhhhhhhhhhhhhhhhhTrade closed: target reached
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Is this a buying candle near the trend bottom edge, the possible "2?" ? 
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