Little brother is traveling south. But where's he going?
- Next stop is $172 - Below that $160 (the top of my previous buy zone) - He may even want to kiss mother 200 day one more time at $140 before coming back.
These are your levels for the next week. A good zone to cast your buy ladder is anywhere from $160-$172. Set a couple of buys between $140-$160 as well.
If little brother decides to travel all the way down to mother 200 day, she should send him off nicely. Look to cash out on some profits the following few days.
I will reanalyze the charts at that time.
Happy trading!
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Well, well, well! Guess what we touched today?!
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A touch near our $172 again.
We may not hit those two lower levels of $160 and $140.
Could just be a gentle touch and go at $172? Get ready.
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We did hit $160 last night for what I think may be the conductor calling, "LAST STOP!"
I don't think we'll hit $140 before we start heading north again.