Like ISRG, here's another one that seems like a good play for early next week. Not much distribution in this drop, broke out of downward channel. Bounced right off the .886 XA and bottom of channel support. Looking for minimum 50% retrace to resistance at 122.15 by Wednesday.
BTW medium term all these scalps I'm posting are overpriced as hell... The 21 day EMA is pointed decidedly downwards right now for all the major indices which means we're in a downtrend. I don't plan on holding any of these longs past Wednesday.
BTW medium term all these scalps I'm posting are overpriced as hell... The 21 day EMA is pointed decidedly downwards right now for all the major indices which means we're in a downtrend. I don't plan on holding any of these longs past Wednesday.
