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S&P 500
5,576.98
(
0.07%
)
US TECH 100
19,930.80
(
0.19%
)
Dow Jones
39,291.97
(
-0.13%
)
Brent Oil
84.45
(
-0.29%
)
Bitcoin
57,607.74
(
-0.71%
)
Post# of 47295
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lowtrade

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lowtrade

Re: tsuguy post# 42331

Tuesday, 06/10/2014 1:44:05 PM

Tuesday, June 10, 2014 1:44:05 PM

Post# of 47295
YOD had a good Q and it takes a while for stocks to calm down and find new true value, after that. During these times, I recommend day trading residual emotion breaks of resistance levels. Which haven't happened. And expect in say, 2 weeks, things should settle at new value levels, to watch for new sentiment chart patterns. Usually a channel at first. Which looks to be 2.75 to 3.25 for now.

MELT needs to hold that .0018 bottom channel line. If that happens with a bounce, you can swing for a new .0033 top channel target.

Welcome to my mind!

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