We tested low trend line today and it bounced back strong. I believe this will start another rally. In past this has been strong support since June.
Way to early to say now but I believe bottom is in if we continue bounce here. That said imChanging my target from 350 to 450 but Will continue play both sides.
A break below 390 out of trend I think we fall harder
Orange line are current trend lines
White is major channel we been in
Definitely do own research on this idea
Way to early to say now but I believe bottom is in if we continue bounce here. That said imChanging my target from 350 to 450 but Will continue play both sides.
A break below 390 out of trend I think we fall harder
Orange line are current trend lines
White is major channel we been in
Definitely do own research on this idea