Highstreet (HIGH)On the above 4-day chart price action has corrected over 75% since the long idea published earlier this year topped out. Now sellers using emotions have provided you with a 2nd opportunity to go long. Why?
1) You know why.. The same conditions as before.
2) Price action resistance breakout.
3) Support and resistance. Price action returns to past resistance. Look left, green squares.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now
Return: Will say elsewhere