I sold my QDEL holdings after seeing the bearish reversal pattern, now opening a gap, it might go lower towards the bottom of the channel again. It is close to the channel midline, but I think the descending black trendline is the one to look for.
I will be entering again when I see strength, probably below $130 depending on the price action.
I will be entering again when I see strength, probably below $130 depending on the price action.
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well channel bottom is incoming it seems :) it was kinda obvious. Now I will wait for a good candle with a momentum confirmation to reenter the position
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support line holding like a charm
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close to lower support of the channel now. Expecting a bounce near $123
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bounced from $120 to the channel midline. off by $3, works for me :)
Flip $145 and we will go to the channel top, otherwise choppy price action towards $130 and maybe below
Flip $145 and we will go to the channel top, otherwise choppy price action towards $130 and maybe below
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failed to flip. support at $135