Second way to look at this on in the very medium term is bullish we have bullish structure from December of 2013 and are on a inside retrace from new structure high. Market has not yet broken previous structure low in this is a rare opportunity where price is below entry and fib .76 where I get a even better risk/reward. So since your long this trade I would stay...
Stock number 2 I have to outlooks, This is the first view and the one i would act on, you zoom out of the chart so its nice and tiny to look and the ebb and flow and structure very, very bearish. With that said where is the trade. Well trade has already happened. Market put out a low at 13 cents, and catching the pull back at the fib .76 would have went short at...
Ok Chris first stock i would be looking to sell we are in a strong down trend with lower lows and lower highs.on the current lower low we have a pull back I would be looking to short at fib retracement of .76 at 27 cents not only is that a great fib level but you have a huge amount of structure in the charts around that level target will be at the 10 cents at...