Evening folks! Flat day in the markets as we opened up red but the weakness was quickly bought. The market made a bit of a run then hit supply at the 50 day moving average in the s&p. We have come a long way off our recent lows below the 200 day moving average …
Today we bought GLUU in the boom room on a breakout. The GLUU chart was a classic diagonal price break of resistance. Often you see traders draw horizontal support and resistance lines.. but remember there is also diagonal support and resistance occuring on alot of charts. You have to train your eye to be able to …