The sweet spot as per the graph above is where I would go back in the trade.
It is technically sitting on good support right now.
But its going down rapidly on low volume.
This is telling me that there is a lot of momentum or short term traders in who are triggering stop losses.
Ill wait for my sweet spot although it could shoot up at a moments notice any moment. Its one of those stocks I suppose.
It is technically sitting on good support right now.
But its going down rapidly on low volume.
This is telling me that there is a lot of momentum or short term traders in who are triggering stop losses.
Ill wait for my sweet spot although it could shoot up at a moments notice any moment. Its one of those stocks I suppose.