NET - Possible bottom here too

Trade safe on this one.

Notice the support around 130.

There is a small gap on that last move up, around 116.

Probably plenty of time to get in this.

Kommentera:

This is just a guess. My stop is at 127.27, and the market has a way of taking my money when I put in stops.

Trade stängt: Stopp nått:

Stopped out the next morning on a big drop to 123.90. Shakeout?

145 possibly rejected here too.

I guess there's still too many bearish scenarios to justify buying just yet.

Kommentera:

Intraday drop to 122 so far. Perhaps we're headed for 116 or lower after all.