Dropping hard on earnings, but it seems to be mid-range between Fib levels and below the previous July resistance area. I'm watching for a retest of 30, at which point I'll buy in for a rebound and continuation of the uptrend since June. It's a volatile stock, but this feels like the best move for risk-reward.
交易進行:
My first lot triggered at 30.50, but it's dropping faster than I wanted. playing out more like a swing trade. Will purchase another lot at 30.
評論:
New to this so I'm realizing the long position art should have been overlayed on today, but I'll be tracking in the comments regardless.
交易結束：達到停損點:
Stopped out at 29.50 - Support held for most of the day, but sellers seem to have gained control. Looking to see how it closes today and opens tomorrow to come up with a more conservative approach.
評論:
S&P closing under 2,875 (Jan Highs) and looking to close under the 200DMA on the week is pretty bearish. I won't be going long in any equities unless there's an unexpected bullish reversal in the near term.
I'll be waiting for the dust to settle before looking at any short strategies. SFIX could be a candidate down the road under 22.6
I'll be waiting for the dust to settle before looking at any short strategies. SFIX could be a candidate down the road under 22.6