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Post# of 11381
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BooDog

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BooDog

Re: oldmystic post# 11351

Thursday, 05/23/2024 10:41:30 AM

Thursday, May 23, 2024 10:41:30 AM

Post# of 11381
Any thoughts on PROK? My lines show support around 2.50. I should have sold more when it poped over $4. Wasn't really expecting a full reset but looks like that's what it wants. Seeing the bio sector pretty bearish as a whole right now. Both IBO and XBI look to crack, and I wouldn't rule out a test to their 200 dma's. As drastic as that would be. I'm cash heavy just for that reason. Take a gander at UVXY as well, that puppy looks like it wants to bounce like crazy soon. Thinking I'll be on the sidelines for a bit.

UVXY daily

Cheers.


Do your research! Play the TA. All posts are my opinion.
Is fundamental trading dead?

"We hope not." Richard Dennis

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