Price has nearly reached the entry point based upon signals retracing the trend down from May. Current action is attempting to form a rising wedge to offset bullish momentum generated from the up trend from October lows, and more recently bullish action from early December. I imagine this trade will need to distribute a bit more as weekly momentum has been...
Check back on this dumpster fire in a few months.
Stops below prior swing, targets above.
Long to 200 and 220
Looking for a potential swing. Would probably stop out on breakout of the rising wedge. Targets below.
Lines in the sand for yous
Telegraphing next years direction I presume?
Swing trade idea for much lower. Take it to the bank. Will check back next year.
Would love to see this dumpster in the mid-term.