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Re: 123tom post# 8568

Monday, 07/29/2019 5:01:11 PM

Monday, July 29, 2019 5:01:11 PM

Post# of 11692
On MRKR I want more confirmation than I currently see. Price has been below the daily 4ema now for 9 straight trading candles. It at least needs to flatten and let price close above. This could be a bottom, but the risk of testing $5.01 or lower still is too great for me to enter yet. 5minute is rolling over and last 2 5minute volume bars are decidedly red. Of all the charts the hourly is the best looking, but I want to see some follow through tomorrow.

With the Fed on tap Wed that introduces a volatility issue I don't want to ignore. I continue to slap my buy hand for now.
Don't disagree with anyones recent buys.
What good are my rules if I don't follow them? LOL

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