Watching for bounce
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10+ years of momentum and swing trading.
Options trader since 2020.
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10baggerbamm : you're watching for one it got an upgrade this morning it was moving pre-market it was up a 1.30. what are you waiting for someone to ring the bell telling you it's time to buy
TrendTrader OP 10baggerbamm :
no. Don’t be silly.
If you look at the daily chart, it hit 33 and then sunk - whether from normal profit taking or failure of a psych level I can’t say yet.
So I am watching at that point to see if it recovers (and possibly continues higher) OR if it drops more.
TrendTrader OP 10baggerbamm : Since that comment it does look like it might be reversing.