Can't argue with that, but the right shoulder we plotted on the monthly chart looking like it's doing it's job and the neck is nowhere near these levels but much much lower. Have no issues going long, but give me an uptrend channel at least NAD
This is a doom and gloom scenario but nevertheless possible. I do better in bear markets, higher volatility better targets, so a little wishful thinking but nevertheless a doable scenario. Uploaded with ImageShack.us Arrows indicate the three potential targets. So far this market is guilty until proven innocent, trade what you see and so far it's bearish. NAD
Good day everyone, going long here 64.75 for a longer term trade if needed. stop 54.75 target 80.00 * if given the opportunity, will add.
Took third off at 60, stop moved to 65.5, gonna let this ride for a while like to see 50 edit: took another third at 61.75, stop is 68 on the rest target...0
As much as anyone can ever make that type of call, but there are many factors to it and I will expound in a minute. Right now juggling a few positions.