As stated in my last post we were due for "at least" OML for our wave 5. Today we got our micro wave 3 & 4 of wave 5 of C and boy was it a doozy. I'm staying with my target of $101-102 to buy in for a retrace. Question I have is how much of a retrace will we get. Either way I'm thinking it'll at least be 10-20% and to me that's worth it.
MACD is already starting to curve again showing selling pressure is letting up and indicating here will soon be a rally to the upside.
When I buy I will update or make a new post with targets and stop limits. STOP LIMITS STOP LIMITS STOP LIMITS!!!!! PLEASE PLEASE PLEASE protect yourself....these are dangerous and volatile times. Don't take undue risks. I analyze for weeks sometimes before making a trade. I don't want to lose hard earned money due to bad decisions.
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