xxxx is a support level but breaking it wouldn’t be catastrophic. Holding at that level would enhance bullish potential. Breaking the next projected support level of xxxx would be a bad sign that would suggest a move at least to the current early 13-week cycle projection of xxxx. Longer term charts suggest that it could get worse if that happens. Here are the particulars, and an update on swing trade chart picks. Non-subscribers click here for access.
The strategy and tactics suggestions in this report are informational and general in nature, and illustrative of one approach. They are not investment advice. No representation is made that it is the best approach, will be profitable, or even suitable for any particular investor.
Nothing in this letter is meant as personalized investment advice and you should not construe it as such. Trading involves risk of loss, and in the case of options, the loss can be 100% of the amount invested. Any trading that you do with reference to strategies and tactics suggested in this report should be done only after consulting with your financial adviser. Trade at your own risk.