Si

[mikeenday]

bought this morning and immediately underwater for 25cents.

what's the chance for a break through? looks like end of triangle

 

[chippyanderson]

Quote from mikeenday:

bought this morning and immediately underwater for 25cents.

what's the chance for a break through? looks like end of triangle

What time frame are you looking at? On the daily chart I think we need to get above 35.350 to get bullish again. Otherwise we are sitting right at resistance and should go back to $30 soon. If I was taking a trade here it would be a sell with a stop at 35.350

 

[mikeenday]

I bought with stop at the low of the day. ....

underwater immediately, might cut it loose tomorrow.

Quote from chippyanderson:

What time frame are you looking at? On the daily chart I think we need to get above 35.350 to get bullish again. Otherwise we are sitting right at resistance and should go back to $30 soon. If I was taking a trade here it would be a sell with a stop at 35.350