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4 Nov

Up 6%, Here Are My Thoughts On Our Open Swing

by

Asia had a good session overnight but Europe and futures are slightly mixed to down this morning. It’s my feeling that we will trade sideways to green today heading into the weekend. If however the market turns bearish I will look to close my position and lock up profits on COOL. In no way would I let COOL fall below our entry today heading into the weekend. Ideally we see a break of $3.47 resistance sparking a hold range of $3.50 to $3.55 which would tempt me to carry my position into next week. So as always, right now it’s an ongoing assessment and I’ll let you know if I think it’s time to move on. It’s very easy for you to see what I’m looking for here in this image below.

 

 

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