3309 Drysdale Ct
Edwardsville, IL 62025
BEAT bounced off the 9 ema. If you want to get in at lower
levels before the breakout . This is possibly it
PreMarket BEAT is beatdown! It's at $43 so maybe it tags
the 50day MA and finds support around 42.20....Matt, is this setup
still valid now? On the hourly time frame in my link below it
looks like it's gonna tag this support line I threw in @ 42.80.
wayyyy oversold on the RSI on the hourly and 5 min
that wasn't my target was just something to watch. If you
listened to me yesterday I said we needed to fill that gap,a nd
there's another gap further below. At minimum prboably see a test
of the channel I showed last night on the 10 min. And there's that
big support zone around 3430
? I'm talking about BEAT and I think you're talking about
the market. Last night you said BEAT needs to find support so
I was just wondering if that made it an invalid setup cause it was
breaking down too much. Looks like it bounced right back up
on the open. It's back above it's 200day MA now so I guess
it's still a good setup.
okay, well here's two charts of BEAT. Remember use 60 min chart
along with daily. On 60 min chart you can see an earlier resistance
trigger via the downtrend line. For now the dotted line is where my
stop would be if I bought now.
again many ways to skin the cat. Buy now place stop at the low.
Wait for price to break the downtrend line on the 60 min then go
long and place a stop. Wait for the horizontal resistance to be
taken out on the daily
Thx. bigg, good eye.
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