Replies to post #123899 on Zeev's Turnips Patch-No Politics (ZEEV)

[leptokurtosiss]

seminole,

I only trade short-term 1-2 days. Maybe it won't go down too easy; but to me today's uptrend looks rather weak (unless, it decisively breaks out in the last hour here).

COMPX looks to finish up its 5 waves up from the low printed at the end-of-yesterday sessionm, with intraday rising wedge pattern (15 mins chart), FWIW. If it is correct, we ought to get a short term correction starting from here, IMHO.

However, if AMAT breaks above the resistance @16.05, I'll cover my short, or otherwise, I'll hold on till tomorrow.

Regards,

Lepto