AND as highs 2 can be touched too
knocking 9(s) today - 10.5 as highs possible sometime tomorrow
prepare for low 30 or even 29(s)
we will see 34-35 quickly otherwise next level is 30-30.5
seems like gift for shorts to cover right now
and i'm out - damn..
and then 40(s) tomorrow
For once, Close on a high note - break that 1.65 for close....
but then lets see what ER brings -
technically bullish if it happens
36.75+ close would be nice but then it's all about earnings now
if not more - kick in
will wait and see if it sees HOD over 8.2+ and will be adding on any pullback in 7(s)
7.8+ and covering will start but then i need 13.5 for break even..
unless it closes above yesterdays day high, dont even bother.. Infact it needs to see 2 back-2-back green days before it might be safe to enter. what a mess..
didn't buy yesterday as want to get through earnings first. let's see if X has bottomed or not
good luck trying to pick bottom here... bag holder and hoping for some buyers so i can get the hack out of here.
Just get back to 50 cents would be miracle... and survive the bear market would be quite a miracle. mgmt doing hack of a job though.
coal, steel, iron ore, copper, gold/silver - and we are probably in 5th inning of dollar pressure.