Maaan.... I'm chompin at the bit to buy this thing. But I've been here before... I'm gonna wait. Certain feelings... like this one to jump in and buy a stock when its a screaming buy... I'm always wrong. That's how I know we're still going lower. 30+ years of playing and you learn a thing or two.
I wonder how you had a resistance there? In these choppy times I am having trouble identifying levels apparantly, did not have this on my chart.
Proprietary level. It's not drawn, but calculated. If anyone wants to take a guess and am right, I will confirm it. If not, I will keep this one in my quiver to myself.
Downward channel here from the HOD. Could very well breakout higher from here also. Too uncertain for me right now, so only watching this...
i was thinking more like 55 and up but you were on spot for the leg down. BTW if we go lower its better for a stronger rally later, if we go higher, on the daily bad ceiling formation is happening in MHO. EOD will find out .