What's going on everybody. I have no problem sharing the fact that I like to gamble a bit. I only caught one upswing in the recent LUNC gains.
However, I have a feeling that I am going to playing-risking in the near future.
Here are the channels for price movement that I have created. Nothing is100 percent accurate, but you will see it follow this closely.
Use it as a guide to track my 'skills', and mainly use it as a point of reference for yourself, shall you please.
To Summarize:
We are currently farting around in the middle of the zone consolidating. We will make a move here soon. We do not have much resistance keeping us from going up, and LUNC likes to move quick.
My boxes are always my breakout points. I am considering enter around -.35 for my first entry. It will be choppy- A significant breakout may not occur to around mid 40 range.
The bottom of the box sits around -.22 - we break below that, it could be a pretty sad fall to -.14 range (nearly -50%)
This is a fast moving and unpredictable one to risk money you are not willing to lose.
Best of Luck