you are viewing a single comment's thread.
asitOff topic, do you plan to take any profits on oih this morning if it hits the fib38 around 100.15, or will you let it ride?
My 38.2% FIB is at $96.69.Intentions are to let the trade ride down through the $100 price per share and re-evaluate!I'm seeing $95 as my present target price!Always need to watch the sector, the dollar and other technicals but remember I'm positioned to be required to buy at $85/$90 per share by holders of my PUT contracts!Where are you setting your FIB Retracement Trend Line?Healthy Trading!
I am certainly not a fib expert, but my fib is based on a 38%retrace of the up move from 87- to 108+. I may cover at low 100+ if it gets there this am for a nice profit and maybe look to get back in on the way down towards 95.