Long
BUY STELLAR - ABSORB PANIC + NISON STRATEGY SELL TARGETS
Updated
BARS A & B ARE THE SAME LENGTH YET...
WITH 4X VOLUME, BAR B COULD NOT MAKE FURTHER DOWNWARD PROGRESS
HOWEVER...
NO LOWER SHADOWS AND REDUCED VOLUME SUGGEST A
LACK OF BUYING INTEREST ABOVE THIS SUPPORT LEVEL
LOSS OF BEARISH ENGULFING PATTERN SUPPORT...
SHOULD CAUSE PANIC SELLING INTO OPERATOR'S BUY ORDERS
ABOVE SIGNIFICANT PITCHFORK SUPPORT LEVEL
STEVE NISON'S PB&J (PULL BACK TO SWEET SPOT) STRATEGY SUGGESTS...
SELLING BETWEEN 1189-1290
PITCHFORK RETURN TO CENTER LINE THEORY SUGGESTS...
SELLING AT 1500
WITH 4X VOLUME, BAR B COULD NOT MAKE FURTHER DOWNWARD PROGRESS
HOWEVER...
NO LOWER SHADOWS AND REDUCED VOLUME SUGGEST A
LACK OF BUYING INTEREST ABOVE THIS SUPPORT LEVEL
LOSS OF BEARISH ENGULFING PATTERN SUPPORT...
SHOULD CAUSE PANIC SELLING INTO OPERATOR'S BUY ORDERS
ABOVE SIGNIFICANT PITCHFORK SUPPORT LEVEL
STEVE NISON'S PB&J (PULL BACK TO SWEET SPOT) STRATEGY SUGGESTS...
SELLING BETWEEN 1189-1290
PITCHFORK RETURN TO CENTER LINE THEORY SUGGESTS...
SELLING AT 1500
Note
BUY: 775SELL T1: 1189
SELL T2: 1290
SELL T3: 1500
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