Hi @h00tsAgree with you completely on profit taking on the...

Hi @h00ts
Agree with you completely on profit taking on the Tuesday but I have been taken by absolute surprise with the subsequent further selling. Yes that was a nasty bearish engulfing on that day but I saw the test of the old prior high and really thought it would rise again on Wednesday even if it did come down to touch the bottom of the blue rectangle of support. Am really hoping the lows are in now but I guess we could still see it touch the 1.66 gap.
I for one played this wrong again as I sold some to take profit last Friday, believing that there was not enough momentum to break the $2 wall this time, how wrong I was. Anyway, jumped the gun on Tuesday when I saw the premarket spreads which all turned out to be BS. At this point am averaging okay but not as good as I could have. Will be selling another stock to be able buy more LTR, just wanting to see if this blue rectangle can hold or whether that gap could fill.
AS many know I have studied TA for a long time but I really believe it is becoming less and less relevant as the market makers, hedge funds etc play their dirty trick on every one of us retail plebs.

On another note, the weekly is still looking good. Another trading day to go but looks like lower volume this week.
Have posted this before but some may have not yet seen it.