today was a positive day since midnight. However I think that we will still continue to see consolidation and those who bought the top to exit at these levels.
First, as others have stated, inverse HS is bullish. Second, this is one of the biggest stretches I've ever seen.
Shady-al-Citadel
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@Toothpickle, it was much cleared on the 5 min chart but it would not let me post that timeframe.
HondaJr
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those who bought the top to exit at these levels.. you mean, they cut the loss?
Shady-al-Citadel
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@HondaJr, correct. Sell and buy again at bottom or simply hold long term.
HondaJr
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@US.ira90, I see, thanks. I want to sell and buy, but it seems hard to do that cuz I cannot see where the bottom would be. I think there is a support on $45-46 area ? But there is no guarantee that it will come down to that level.