Replies to post #10402 on 123Tom's TA study group

[Citrati]

Without the institutional buying I think this would have dropped a bit more. Institutions seem to be in a strong accumulation mode. 19.29, 18.97 and 18.75 all from 5minute chart are what I am watching right now.
Hourly shows possible bottoms at 19.28, 18.91 and 18.54.
Possible Daily #'s are 17.15 to 18.14.

We shall see. Agree on the 18's as significant to hold. Given the quick move daily chart would still be intact if price tested 16's.

Going to be patient and watch this play out a little.