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S&P 500
5,474.88
(
0.26%
)
US TECH 100
19,233.60
(
0.36%
)
Dow Jones
39,183.69
(
0.17%
)
Brent Oil
86.48
(
1.61%
)
Bitcoin
63,792.46
(
1.90%
)
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Bullmarket72

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Bullmarket72

Re: None

Tuesday, 09/21/2010 9:53:47 PM

Tuesday, September 21, 2010 9:53:47 PM

Post# of 103302
WATCH FOR THE "W" over the coming days. Would not be surprised to see the stock pivot quickly from tomorrows high and fall to support levels. You could then see a 38 to 50% re-tracement upward, than a second fall to or just past the support level. If this second dip happens buy back in because the stock will take off again.

If for some reason we fall from highs back to support levels and there is not a re-tracement upward, watch out. It could stay at those levels for sometime.
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