Was it a coincidence that GS bounced at 150 today?
I think not, take a look.
GS P&F Chart
GS 1m Chart
See the higher lows?
Profit takes preparation.
Something I did not prepared for today.
Hence no trades today.
Just thought I shared with you my observations.
Posted by
Unknown
at
5:48 PM
beanie,
Name you time frame and I will bet you that SLX or MOO will outperform PBW.
3 years from now:
PBW from 25 to 100 (hell yeah!)
SLX from 88 to 350
MOO from 53 to 210
NLR from 39 to 155
Which is more likely? PBW, back up 9 trucks.
Btw, PBW is an etf. Nothin wrong with 50% of your money in it. Just watch the sector and watch the chart for developments.
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