BERY waiting for entry on swing trade

Hi people,

Here is where I would get long on BERY. This trend line has not been broken in several months, I am expecting a bounce of this line again. If you want to hold this longer term that would also be acceptable. You could take an entry with a smaller position size, and then if it does indeed bounce of line, add to the position as it goes in the money. If we break this trend line, I would consider shorting this and riding it down the fib ladder. Thanks for watching,

Matt

P.S. We are almost oversold on daily RSI; by the time it hits our entry we should be well off into oversold territory.

Kommentera:

Man, waiting for this fill requires patience. Someone go spread a little FUD so we can get a fill here!

(jk)

- Matt