QUOTE(lynetnonyma @ Oct 29 2015, 11:53 AM)
So when you posted the chart a few days ago and asked about it, what was your thinking? That it was on the high side but doesn't mean it won't go higher? Did you think it was going to breakout further? Or were you thinking it was too high and would be going lower which it has done past couple of days?
It depends.
If I was being an aggressive trader...
I would look closely on the trading activity.
Maybe wait for the price to hit 121 before going in.
If I was conservative....
I would wait for the stock to consolidate (like what it is doing now)....
And if price holds till end of the day....
Maybe I might consider grabbing some....
It all depends la......
And most important, I need to have confidence that the stock should trade higher or not.
Pssst. It is tedious to just post what I thinking.
It's not me that is important.....
It is for you to practise and sharpen your paper trades...
If it gets to boring....
I better go shoot some lizards...