Tuesday, September 02, 2014 6:52:59 PM
I dont mean to just throw out price targets every 3 cents... Thats why I try to find the zone of price action as a target zone. in the current zone , near the key moving average. it looks like 52-58 area at the moment. like the support zone is ...something like 38-46.... and if the wave patterns flow to these zones, then it might be a picture that can be seen and predictable .
I like to see elliott waves play out. and combined with a final pop that might be another 20%, is a decent way to look at it.
In california,the market opens at 6:30 am...easy to sleep through, and if the price pops at the open, I miss the move manually, so I have to decide where to place the stink bid or sell in the docket ahead of time. and have to make a guess. Tonite I set the trade to sell a little at 59. in case that happens tomorrow.
playing the technical pattern.
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