This is a nice short term sell set up. Selling the break of structure looks like a good idea.
Thank you for your support.
Komen
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Price broke to the lows of structure, and has retested previous support as resistance. Will price break down from this level? Or will price break through invalidating any sells?
I guess we will all soon find out.
Komen
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Great down move, expecting to see the lows. A good move if you had the right strategy to trade this one.
Komen
tomj2417
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Always enjoy your charts Tom but reckon this one is a buy from the 3.9 - 4.2 levels. Just my opinion based on EW. Thanks for the heads up on this stock.
TomProTrader
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@tomj2417, That would be fine with me if that happened. If I'm already short from the retest at structure @4.68, and buying starts at even 4.20, I've made over 10% of the entire stocks price, which at these prices, will still offer me massive profit.