Directional Bias: Long Price Target: 28.5 Good Entry: 26.8-27.2 Risk/Reward: $40 cents max stop/$1.3 reward
Directional Bias: Long to 41.5+ Price Target: ERX Good Entry: 37.7-38.3 Risk/Reward: $1 cents max stop/$2.5+ reward
Directional Bias: Short Price Target: 27 Good Entry: 29.2-29.5 Risk/Reward: $50 cents max stop/$2 reward
Stock: AAPL - Apple Directional Bias: Long Price Target: 234+ Good Entry: 215-217 Risk/Reward: $3 max stop /$10+ reward
Working Hypo - bear flag setup. fake break that flag to low 66s come back in for a move to 69.5 area over the next week and then another timber from 69.5-69.7
Crude Short 71.84 stop 72.25. Target 70.15
Congrats to all longs who rode this wave. It is time for a little retrace. Short against the big brown diagonal resistance.