YouKnowTheVibes

YouKnowTheVibes

This is A short term shift in the trend. I would wait until we get a confirmation, which would be a break above the MA, or a strong bullish candle. This is not advice but I am taking a small position here at the strong support level (channel) we've created and have bounced back and forth in and then will take a bigger position size once we break and test the .236...

YouKnowTheVibes Updated 

This is a stock that has beaten down and is bouncing off the .786 fib on larger time scales. Once it breaks the .236 you could see it hit the .618 on the smaller time scale. This is a position I will be taking, not a recommendation. Let me know you're thoughts below and best of luck!

YouKnowTheVibes

Once we break below support and test it i’ll Be taking my short position and taking profits at the .5 fib level and then closing the remainder of the position at the .618 level. Let me know your thoughts below! All criticism is welcome. As always be safe and be smart!

YouKnowTheVibes

After we test the .236 fib level I will be opening a short to the downside and setting stop loss at recent rejection of support all though you could put it at the .236 fib level. This is what I will be doing, this is not a recommendation. Best of luck!