GS Trade Pt. 2 (V.V.V. High Risk Trade)
Chart, This stock is currently trading below its 2500 DMA. We need to see a very strong bounce from the pink supply line else we are going wayyyy lower.
Innocent until proven guilty, hence a cautious "long"
Innocent until proven guilty, hence a cautious "long"
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Monthly Chart: H&S Breakdown, Marked are possible LT bottom.
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Not trading this today. Setup is lost.
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If this stock bounces this week, I will be looking at the 168 lvl to short. A failed retest of the monthly inflection point will signal short till 138 lvl, then 84 lvl. GL
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