Right on. Here we go. When we hit $272, if it bounces, what support will we fall to, $249? I recall that $310-$315 was a strong support/resistance at one time, so I expect to see that again. I’m long on this but would like to add to my holdings now that I feel we could be on the up here. What’s a good entry? Anything $250 or below I’d feel good about.
@TheGush, Good question. Hard to say but from the chart, I doubt we'll see $249 again unless something major happens. We could see $257-260ish but I think there is a better chance of seeing $278 in the short term. This is just my opinion and not investment advice. Please trade at your own risk. :)