Sambong1

Sambong1

about to go off the cliff

Sambong1

looking for move up from here.

Sambong1

know your risk and downside potential before getting in. patience (no position)

Sambong1

At a good intra day support. MACD trying to turn. 20 SMA acting as resistance. would play over 20SMA with solid blue line as stop

Sambong1

how i am watching next week. over $49.50. $47.50 seems like a good support with prior resistance to act as support

Sambong1

See note for comments. looks good to mid $40s t $41 previous B/O measure $6 per b/o (no position)

Sambong1

levels i will be watching

Sambong1

be mindful of the resistance line. play either way long or short. (no position)

Sambong1

Random Thought but seems like it is trying to make a round bottom ( no position)

Sambong1

8 dma could be resistance. possible entry near low $14

Sambong1

first target to $17.30s. strong support at $15

Sambong1

looking for below $42

Sambong1

see note on chart

Sambong1

Don't be in such hurry. watch and see where it goes. not a short IMHO. bias is an upside

Sambong1

looking to accumulate on pull backs. its wants higher.

Sambong1

could be nothing but just food for thought. not looking good though.

Sambong1

level that i will be watching going into next week

Sambong1

H&S or not, the price action is what it is. step back back, reassess. its only stock. don't get emotionally attached.