If 64.25 breaks, it will open door for low 63s. If wedge breaks to the upside, we may see 65.20-50, which will be good opp to short again. GLTA
Komen:
Quick update, there is small resistance aournd 63.66 area, from there we might see a bounce to backtest broken resistance @64.25. Will watch and add to my short on any sign of further weakness.
Komen:
Covered few short @63.77 and reshorted @64.55. However in one of my scenarios, we may see 65.50s again. I will be ready to add bigly to my shorts there.