im looking for pundix to continue this down trend to maybe the 498-510 range....then lets see if we can bounce to the 830 range if this cup and handle plays out
Note
We did touch my re-entry range at 510 looks like the519-520 range is holding as a decent support....
Note
with lack of volume support will turn into resistance....we keep hanging out at this 520 range....waiting for some volume to come in
have a resistance coming up at 580 as we approach that area I will use a stop loss and look to make a quick scalp on a reentry in the 560-565 range....that can be a position growth of 2-3% if successful on the scalp
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