Top Ships Inc (TOPS)

[jpowellvlc]

hello dragnet !! How are you?
I have always defended here, and after studying the movements of TOPS, that a great movement, has its replica, look for a double roof, a recovery of 61.8% ... or something similar, to end the trend.
I recognize that I had a lot of stress and nervous days, and I was about to sell in my main account.
Now I follow the chart that I posted here step by step trading with the secondary account to recover my latent losses.
for me, the burden of the MMs in zone 40, as you say, is important, their objectives must be above the dollar.
Volume peaks will continue as we climb positions.
normally the "replica" that I expect, is usually more staggered, and slow, because the sellers in short, wait at each level, the price goes down.
later my third objective, zone 0.8, should be the trigger, for the great movement of retesting maxima.
that is my vision here, as I always say, step by step.
little by little.
good luck dragnet.es but we recover everything and win something if they leave us xd!