My trade ideas for MNQ. The price may not come to me, but I I have orders in place.
I have seen a lot of “ideas” predicting FB to lose $30. The trend is obviously bullish and even if the price gap down, buyer will step in. Look at the channel, it happened before. The only thing will cause FB to lose -$30 is another covid
if the price head under the trigger line, the bleeding will begin. not only the price went down in a very nasty move, but lately it did not go no where for a long time, it's just moving in a channel. If i was going long and have to hold my shares for that long I don't want to see the price go down any farther.
if the trigger line got triggered we will see a lot of bleeding