Although I'm already long this stock, it might be a good place to enter more long positions in here. the GS is in a long term up trend, and may find resistance in 235 area. a break below the 235.5 would target the 217 area. while a break above the 247 area would target the 295 area.
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decisions,decisions...
the last two days movement seems to be clean downside breakouts, which would/should invalidate my long opinion.
this stock may be going to the 217 area.
I'll monitor the market today or Monday to make a decision. under normal situations I'd have closed the trade at a loss. this time I have a gut feeling Trump's speech may provide momentum in the markets.
we'll see...
the last two days movement seems to be clean downside breakouts, which would/should invalidate my long opinion.
this stock may be going to the 217 area.
I'll monitor the market today or Monday to make a decision. under normal situations I'd have closed the trade at a loss. this time I have a gut feeling Trump's speech may provide momentum in the markets.
we'll see...