Very weak trading this AM. strong trade size at 3 dollar level. Volume picking up and I agree with Tech. Was a mini retrace which should turn back up this afternoon!
Todays weakness worried me about my chosen top channel target. I lowering my profit target down to 15% from 20%. That would make it just around the previous support level, before the drop. Makes sense, I just wanted to see a better come back. But mide may be correct about the lower of the 2 channels being the one we see.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.