- Playing out as per previous day TA sharing
- 209 was hit with a small cool off profit taking as it hit structure resistance and also "controlled buy channel" resistance
- Will we achieve cup and handle breakout target of 219?
- It has to stay above 199 Friday, MA5 is also coming up to support at 199
- If 199 does not hold, then it is a island reversal with gap fill to 193 and then down to 185 and 180
- So, 199 has to hold to continue the bullish movement
My Watch/Plays
- Sold puts continue to mature well
- If 199 does not hold, will see gap fill / island reversal up till 193 before deciding if were to add sold puts
Bullish for now. Good luck, all!
icezzz : Do u think will pullback today?
Asphen OP icezzz : if it cannot pierce 209, then yes it will to build momentum for another try.
洁mini : Callback 197
Asphen OP 洁mini : probably