Hello All,
Short trade. I placed a PUT at $4.96 and it may bounce on that lower trend line.
Stochastic RSI is rearing its way downward.
OBV_OS is also rearing its way downward.
I drew my 5 impulse subwaves of a potentila larger wave 1 and I see this retracing a bit.
I will flip my position pending on a daily chart though.
Again this very short trade.
Short trade. I placed a PUT at $4.96 and it may bounce on that lower trend line.
Stochastic RSI is rearing its way downward.
OBV_OS is also rearing its way downward.
I drew my 5 impulse subwaves of a potentila larger wave 1 and I see this retracing a bit.
I will flip my position pending on a daily chart though.
Again this very short trade.