I shorted YOD yesterday at 2.97. My hypothesis on this trade is that the move has now aged and momentum is leaving. That gap should fill. That being said, I drew the fib lines on the day 1 breakout. Very Interesting. The pull back day pulled right to the 23.6. Yesterdays move ran to the 161 and the pull back stopped at the 100. Coincidence?
No comments:
Post a Comment