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Post# of 34668
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Rhee

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Rhee

Re: Taylor Orion post# 22428

Monday, 07/14/2014 5:09:46 PM

Monday, July 14, 2014 5:09:46 PM

Post# of 34668
Nah. I actually think it's overbought here. Think about it. Today's low was .058. It closed .643. In other words it closed 10% above the low. Factor in it didn't capitulate with a red exhaustion bar. Also, it has present downdraft momentum that can bring it to .05.

This said, tomorrow's pivot point is .07. But I think that was already touched in AH.

(A) Have very reasonable expectations; (B) Educate yourself and perform due diligence; (C) Don't enter without a strategic plan and target, for both best and worst case scenarios; and (D) Lead inward/outward and never follow.

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