Along with price support, RSI is at a strong support level (50). I also like the fact that stochastics and OBV have made higher highs.
My initial target is $125, with a stop under the 50 day moving average, at $116.

The trading diary of Paul J. Singh. I trade full-time and empower traders by making the complex simple. I can be contacted at SinghJD1@aol.com
2 comments:
short HOC?
It's a tough call right now because volume on today's bounce was greater than yesterday. I'm not going to make a predication, other than to say I am not taking a position right now.
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