Zeev,
I'm still holding QQQ short from yesterday @28.77 and would probably holding into the expiry, unless it breaks to the upside decisively.
I realize that the down has no follow through, but neither the up (yet). Based on the observation, I again shorted SNDK at its intraday 38.2% retrench @28.15 (Won once, lost twice in the last 3 attempts; all the gains/losses were relatively small).
Do you have any suggestions on how to handle these trades ? Realized that many bears have turned bullish have me wondering if this may be at or near the top of the current up trend. Thoughts ? TIA
Regards,
Lepto