Consolidation is holding up right now
so im putting a buy right on top of this consolidation
and sell right below
what do you guys think?
this consolidation is currently at the resistance level…
do you think my strategy is going to work?
oh it’s been stuck since yesterday
today is the 25th of feb
time now is 4:00PM EST
There definitely seemed to be some resistance. I sold half my holdings at 99.25, put a buy-back order at 99.55, but will be expecting to buy back lower instead. Not sure about my entry point, but possibly after just tonight’s session. Guess I’m gonna see how things play out.
Therefore, I’m right there with ya bud, except I’m not waiting for it to drop to sell.
Continued risk aversion as earnings season moves on would focus 97.07 then 95.96 as support levels.
I maintain a light bullish bias in the long-term with initial resistance at 98.45 which would then allow for 99.75 then 100.74.
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