72961482
:
Currently, the trend is still going downward. This price level is a weak area. They all have low entry and duvet covers. There is a lot of resistance if they want to lift it up
BabyCoins
OP
Rhiox
:
Do you think it could go even lower than the 80’s? I don’t see any history to justify it going that low, it’s over sold so much at this point. Ugh
Rhiox
BabyCoins
OP
:
I don't think it will go lower, this looks like the bottom , but going to watch Monday to see if there is still downward buying pressure or will it level off and hold. I don't see it climbing back up anytime soon or quickly.
BabyCoins
OP
Rhiox
:
Looks like the wave is .98 to 1.30. That’s the channel it wants the most. You could make 5k to 10k riding that channel repeatedly with 30k in but you need the vol to stay up to do it. If it’s dry like the last half of fridays action it would be hard getting completely in and out.
Rhiox : downward pressure , could go as low as in the .80's
72961482 : Currently, the trend is still going downward. This price level is a weak area. They all have low entry and duvet covers. There is a lot of resistance if they want to lift it up
BabyCoins OP Rhiox : Do you think it could go even lower than the 80’s? I don’t see any history to justify it going that low, it’s over sold so much at this point. Ugh
Rhiox BabyCoins OP : I don't think it will go lower, this looks like the bottom , but going to watch Monday to see if there is still downward buying pressure or will it level off and hold. I don't see it climbing back up anytime soon or quickly.
BabyCoins OP Rhiox : Looks like the wave is .98 to 1.30. That’s the channel it wants the most. You could make 5k to 10k riding that channel repeatedly with 30k in but you need the vol to stay up to do it. If it’s dry like the last half of fridays action it would be hard getting completely in and out.
Rhiox BabyCoins OP : I agree.