Daytraders After Market Lounge 7th Feb, page-41

  1. 1,857 Posts.
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    Don't tell that to the people ramping it the day the MUS released its quarterly!!

    I've being playing with bollinger bands and a few other indicators lately. It's broken down through the 13day SMA and the fib retrace and middle bollinger will meet at 5c. Current chart shows it trending down to this level in the next couple of days.

    IMO 2 Feb was a bulltrap and 5c is going to be the bounce unless news gives it a leg up prior. I'll have my buy order in once the hourly volume/price breaks out.
 
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