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Stopped out with it breaking the yellow resistance band at...

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Beany72

3,285 Posts.

5

25/08/16

09:20

Post #: 18665283
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Originally posted by Jako64 ↑

Any thoughts on A2M on Wednesday........possibly a gap down shakeout....
Which is not something I like very much, but they do happen fairly regularly (Steve from the old trading room I attended, traded the recovery on them regularly).

The response will be more interesting that the initial bar, I reckon

cheers

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Stopped out with it breaking the yellow resistance band at $2.05-$2.09 that I expected the become support.
I will be waiting for more bars before re-entering. In the past it has retraced hard off the $2.20 resistance band.
The only thing I liked about yesterdays bar was it closed well off its lows.
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