XIV could be due for a quick a violent correction if the pattern repeats itself.
Basically, the idea is that once XIV get stuck between resistance and rising moving averages, there is possibility for a puke.
Basically, the idea is that once XIV get stuck between resistance and rising moving averages, there is possibility for a puke.
Kommentar:
Be wary of a shakeout, followed by a puke
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That was one hell of a puke in August 2015. Sadly, I didn't trade it.
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Up to 114 to test the resistance one more time, and then crash?
Kommentar:
Actually, it might not even reach 114. Adding to my short position here.
Trade wurde manuell geschlossen:
Closed this position; XIV broke over resistance
Kommentar:
My monthly chart says XIV could run into high 120s