Be patient and get your gun ready if price pushes towards 521 area for a possible 20 pnts gain downside. Let the trade come to you, and don't chase over extended price. If you decide to short right 521 area make your stop lose at 127% 535 area with target price $500. Join us woowtrading.net
Komentar
sk20
⋅
MA has been extremely strong pushing for all time highs.I do agree that its extended. However I would never short MA knowing how strong of a mover it can be.Its like standing in front of a freight train. I will wait for a pullback to go long again. Also market will probably consolidate / pullback a little in the next 1-2 weeks. MA might set itself up as a nice long trade after that time.