The volume spike that occurred friday is a strong bearish signal in my opinion. I will open a short position if the price breaks through the 46.60 level. There will be a potential support level at 44.45 but I think we will see a retracement to the 0.618 fib level around 43.
Entry: 46.28 TP: 43.12 SL: 47.51 R=2.5
Good luck.
Trade ist aktiv
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Trade geschlossen: Ziel wurde erreicht
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Kommentare
hittkts
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I agree friday was very bearish. I see collapse back into 20s in short order.