Sambong1

Sambong1

H&S breakdown. until it gets above the blue line, stay away.

Sambong1

posted wrong chart. this is the monthly

Sambong1

a bit early but a doji on the monthly developing. some to watch for.

Sambong1

at support trend line, which way?

Sambong1

need to get above the line. until then, No go IMO

Sambong1

it loves to bounce from 20 sma on the weekly, box is what i am watching for entry

Sambong1

need patience with this stock. if not, buy over 10 which is clearly a resistance on the weekly

Sambong1

only a day trade. over 27.50 or below 27

Sambong1

looks like 4.50 doable next week if not today

Sambong1

what i see. 27.70 prior low is max IMO. going lower

Sambong1

making lower lows. unless day trading, stay away IMO

Sambong1

over 55.88 and pretty much open sky

Sambong1

just my two cents

Sambong1

ascending triangle formation. over 25.50 or now with tight stop

Sambong1

waiting for 50 sma (blue line) for possible swing entry. will see if it bounces first

Sambong1

classic case of support that became a resistance.

Sambong1

just a thought. it sure looks like it is trying to find a bottom here. on watch over $12.70 and swing entry over $13

Sambong1

62 is holding so far