09 Jan '17
Let's see how this goes mates.
As seen from the price ranges charted above, we can see that there is a possibility of an 8k test. But bear in mind that the current bear div has been ongoing for quite abit and we should see some pull back here before another round so please expect it sooner than later. If it doesn't attempt any further retracement from this range, we have to expect the worst which is a real flat bed right after this horrendous 'dump' before going back to 'median'. Or else, it'll be a retracement up for 20% before we see the attempt to 7-8k range. Once we head down there, it's a big door to re-entry.
Just for you guys to note
Blue range for short re-entry if it doesn't have signs to break up further
We cannot afford to see another big red dong lol
Big ding dong last one
3 drives broken, retesting local top at 11.8 for daily.
11.4k to ding dong down, 12k test to ding ding up
Awaiting for fill number 2.
7.9k to fill.
Further entry at dark red
Entry point is here. Don't buy below 7.3 and don't hold below 3.2% loss.