10K out on RMHB, expecting tradeable volatility on
Post# of 107817
(Total Views: 323)
Posted On: 10/11/2017 7:42:20 PM
10K out on RMHB, expecting tradeable volatility on it tomorrow and possibly rest of week. I will likely avoid the first hour, but...
On a breakdown I will be watching for a support play at .024 and also at .021
(It recently ran up 75% when it took out the .021 and I am expecting that to hold, will see). tight stop below the .02 area.
On a move up I will be watching for it to take out .034 and .037 for possible entries with stops below.033-.032 area.
I am a discretionary pattern player, so I am always open to multiple possibilities depending on the price and volume action intraday,but those levels mentioned above are my initial alert areas and general framework for my Plan.
Best of luck to All!!
On a breakdown I will be watching for a support play at .024 and also at .021
(It recently ran up 75% when it took out the .021 and I am expecting that to hold, will see). tight stop below the .02 area.
On a move up I will be watching for it to take out .034 and .037 for possible entries with stops below.033-.032 area.
I am a discretionary pattern player, so I am always open to multiple possibilities depending on the price and volume action intraday,but those levels mentioned above are my initial alert areas and general framework for my Plan.
Best of luck to All!!
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