Im curious...You've written mid point, mid point of what exactly cos it sure isnt that range. As for predictability, well yeah its a beautiful stock to trade and as you can see 35 has been a major price pivot zone in the past, coupled with the brn (big round number) and Mondays session reversal bar (pin bar) it was an easy short with very controllable risk ie intial stop just above the pin bar. As for 27 bucks, well hell, best we wait till support under the big girl breaks before throwing overly bearish targets out there heck even if its 30 bucks.
Smart money? Thats sure not you bud (nor me) Years of the same posts proves that.
Safe trading all
Peace
Karl
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- Remembrance Day. Tuesday, 11 November, 2014
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