I discovered SRS by reviewing Stewie's post from Sunday and I added to my ETF list. By the way, I highly recommend his site; Stewie has started doing videos a few weeks ago, and his trading is very interesting.
Anyway, this C&H set up like my LUK's trade last week, although there was not real capitulation here. Normally, I would expect a 100% fib extension from the low of the pattern to the base of the cup, but I decided to take a partial at the 38% fib ext, since the market was so choppy today. Price reversed and stopped me out at my price entry level.
1 comment:
Congrats anarco.
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