so as far as NINE - yesterday price basically bounced around the
50 day, that said, that was the largest decline since the runup
from the Sept lows to the highs 2 weeks ago, thus a symmetry break
and the next rally will likely form a lower high, maybe a wave B
lower high, then a C wave or a complex triangle. The lower
high wave B - some targets would be the underside of the 20
MA and a Fib
Shorted NINE 12.89 covered half
Posted by rbreese on 25th of Jan 2023 at 11:18 am
Shorted NINE 12.89 covered half 12.60 . Shorted RIG 6.44
so as far as NINE
Posted by matt on 25th of Jan 2023 at 11:21 am
so as far as NINE - yesterday price basically bounced around the 50 day, that said, that was the largest decline since the runup from the Sept lows to the highs 2 weeks ago, thus a symmetry break and the next rally will likely form a lower high, maybe a wave B lower high, then a C wave or a complex triangle. The lower high wave B - some targets would be the underside of the 20 MA and a Fib
Thanks for look at NINE
Posted by rbreese on 25th of Jan 2023 at 12:44 pm
Thanks for look at NINE