Nice little run up, rode some of it but got skittish at $17, pin bar being printed on the 4hr, suspect we do a healthy retrace here to continue the run up
I dont know, for some reason I think we could see +18 very soon
perlboy
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Yes, soon, I agree.. From my perspective this is a healthy pullback, I'm long term long and while I posted this as "Short" I wasn't looking to take a short position but rather getting ready for reopening of a long. Looks like we had an initial pull back to $17 but I think another wave down is due.
DownUnder
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again we are in special situation...this is where we should be but the boss may have other plans, maybe ride back up +18 or maybe bankrupt everyone down the hole. :). Yes it seems tonight we are in for some more action .
perlboy
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Apologies for the HullMA strategy post, I meant to disable that prior to posting, please ignore!
DownUnder
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where do you expect retracement to bounce back from
perlboy
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16.5 looks like an ideal entry point, realistically though it'll depend on Williamson21 (Flibbr), MACD and RSI coming down to recharge the bulls.