Pretty simple one, This is sitting at the top of the channel that it has been trading in, I'm short here and will start taking profit below the 200 ema. Final target is 195.
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This one is really annoying me. I still think it will drop but it will likely take forever to do so.
Looks like bull flag. I would wait for retest 209 and go long.
dynasty2059
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@orimichaeli, looking back at this now, you were right. i was stopped out then entered when it dropped back down and was stopped out again. decided to just leave this one alone and that's when the actual drop happened. typical.
I would wait for retest 209 and go long.