PINS has sold off hard following the bearish harmonic completion. All three targets on that trade have been hit. Its now coming into a buy zone so I will be looking to start adding back to my long position in the 70/72 zone.
Note
Close to confirming a double bottoms. Short term traders need to set stops at low of day.Note
Stopped out due to market weakness. Will re enter if the market reverses.Note
I stopped out yesterday but am now looking to re-enter as the market found some legs today. Here's a pic of what I'm looking at. As always we need follow through on the NAS tomorrow as well to make this valid.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.