looks like it is ready for a pull back, possibility of one more push to 55.
don't play after 3:30 very often but considerng holding on if it breaks through 56.
entered at 46 PT 55
if it can't break through 52 might reverse position.
depends what I see.
Price action is clawing its way up. 49 is my first line in sand.
Will hold until 1442.
if breaks 1443 add on long....
Edit
Price action shows no commitment
closing both at 44.25
probably done for day unless breaks over 1446 with volume
Thank you! It was good for 5 points,
waiting for the ride down again and will re-enter Long when I have a grail on the 15 min RSI in oversold condition......
live calls with the reasoning behind them have been the most beneficial for me. I have posted some of my live trades here, some good, a few great, and a lot of drubbings.
step by step
trading my plan
trading what I see
thanks for all the input
Sharing a point and figure chart.
notice support and the same pattern that we had March 14.
Also as Spectre mentioned the magnitude of the the movements after the corrections are increasing.
If there is a P&F user that could reveal a bit more about this chart, I would appreciate it.