I was in a long position on this which i was stopped out on friday. I usually ignore the friday closing hrs due to lack of volume but price seemed to fall during the last few hrs and i ended up taking a short play.
This is a classic retracement play coming off a period of consolidation (which i originally thought it was going to break higher) but I reversed my position and now i am short.
Expected Target 1.2550
This is a classic retracement play coming off a period of consolidation (which i originally thought it was going to break higher) but I reversed my position and now i am short.
Expected Target 1.2550