re: jebigabre thanks mad macs for your TA. I was concerned last...

re: jebigabre thanks mad macs for your TA. I was concerned last week when ti went down to 108 as i felt it was a major support .

Im off the veiw if it drops dwon to 114/112 area you buybut have stop loss around 106/7 as they tend to over shoot sometime. if we see 105 i think we will see below 100. again.

also i wouldnt use the stop loss on a day trade basis . u really need a close below 108 . then i would wait for the next days trading if it pens up and trades below 108 I would reduce the position put on at 114.



in simple terms buy at 113 /114


stop at 108


s-t tgt 125 .
l-t tgt 150

risk reward s-t 1.5 not that sexy
risk reward l-t 6 (35/6) close enough.bloody god and will load up if we see it again or close to 114

and those are good olds and given what i found out today i think i might top up at 115 ..

hope it helps


and J it does look good technically (i use candel sticks )