Nice Gap in act....these situations are common in Stocks...they're always a big opportunity to take some low risk trades from the top, in this case...
I think that it will be a 50% reatracement (which is a pychological level) and should be another point to place a very little short, more or less between 77 and 76...
But, as mentioned, the setup is below 74 with low size, and 68 to be sure!
I think that it will be a 50% reatracement (which is a pychological level) and should be another point to place a very little short, more or less between 77 and 76...
But, as mentioned, the setup is below 74 with low size, and 68 to be sure!