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| Daily Parkson Retail 6 Feb 17 |
Punting trade.
Selling seems to be contained after so many days (quite reluctant to take another try at this since SL on this recently but we have to leave emotions aside when trading, just like playing Poker.)
We see a high volume bar on 1 Feb ending with the bears pushing price back down fro 120 to 116. This will be the immediate bear region on this instance. Since then prices have been resilient and is starting to move up
Price today has closed @ 117 forming a BUE on the daily with decent volume
EP 118, SL 114, TP 123, 131, 135~137
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