I agree with your take on the key $36 level .... but that said, I would wait for an end of week close below that level for a confirmation signal -- that may be a prudent exit point for the risk averse.
Dunno if I will exit at that point - depends on the volume and a few other factors. I certainly would not exit on the basis of an intra day fall below $36 ... I would think about it if it closed below $36 at the end of the day ... and I would think VERY hard about it if it fell below $36 on a Friday close.
Decisions ... decisions ...decisions ... or do I stick to the original plan and make sub $33 the line in the sand?
(just musing to myself here)
Good luck.
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I agree with your take on the key $36 level .... but that said,...
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