JI
jimkane
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The recent high is right at an area. The bounce into the open was right at a setup area. And it's moving down. Yet I'm not on it like I should be. I'm just not a believer (and I should be?).
JI
jimkane
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Posts: 33,089
Now, it just violated the uptrendling TL, so is that the game? Everyone is now trapped short? Or am I just second-guessing myself?
JI
jimkane
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I'd think they'd want to be very careful with this here. Other than the big swing-low to the left, there's nothing below but an air pocket.
JI
jimkane
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One answer to that downside risk for 'them' is to just hit the low to the tick, then run it up.
JI
jimkane
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It was tricky to try to read what they were trying to do there, but I did figure it out.
JI
jimkane
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Posts: 33,089
You're welcome. I hope you can follow at least some of it. I know it's tough at first.
Originally posted by JaLee
Thanks Jim. I'm glad it's the weekend so I can study this and review your previous comments. Have a nice weekend. No golfing...(it's not relaxing, just a good walk spoiled as they say!)
