My level: 73.10
Why: monthly pivot, quarterly pivot
Notes: Its a strong name, just above the monthly pivot, closed on low, have to believe it will come in a little bit more, 2.4ATR should get it down to 73s or so.
This name is getting a bit frothy up here, especially when you look at what this stock has historically had as extreme moves. Thinking there is a real nice fade in here and would love to see a push towards 83s to get it looking even more juicy. As always, wait for the author to tell you it’s time instead of playing guessing games the whole way up and ending up...