200sma and upper fork line are clearly a resistance level here on grmn.
pitchforks
- Thread starter racehorse
- Start date
Interesting movement today on gs 15min. Found resistance on the blue bullish fork's median line, and landed on the red fork median line at the close. Thinking maybe we will see 132.
Broke and closed above a strong resistance point at 101. It's bullish, but after the rally today, I feel buying here might be buying at the highs, so I'll wait for a retrace if there is one.
Took some money off the table on BA + 3.75 points. Stops at b/e.
Good for you! Grabbed a few pips this morning. Very choppy market last night.
Take care,
Take care,
What will happen on RSH?. Got two forks, but the bearish one is not only the longest fork, but also the one thats "in play" as it has two touches on its upper fork line, but looks like pressure could build up in this "energy coil" if a direction is not found.
still watching HD for a + close on the week. Finding support off 200ema and median fork line on the daily.
LOW's getting weak on daily, but will weekly technicals hold up? I expect support off this 200 weighted MA or not much lower than 22.
Taking small size in gymb at 1/2 a percent with tight stop. Reason being is that the weekly looks good, but the daily..not so much. Daily still needs to close above 46.30 imo to be bullish.
just closed out 1/2 wynn and DO for 7.03 and +3.61 points. Will post charts later. It pays to to hold 
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