Green line - Support
Redline - Current resistance
Yellow line - Next resistance
Cramer said buy at 140 ... Hats off to him, a win is win!
Floating all premarket under resistance at around 184.
Over 184 and the next stop is 200
Company earnings were crappy but I guess this is still a discount if the FED has no credibility.
Be careful opening longs up, IMO there is a higher chance we see 170 support before 200.
In that scenario we would make a cup at 183 then a dip to 170 would be a handle
Redline - Current resistance
Yellow line - Next resistance
Cramer said buy at 140 ... Hats off to him, a win is win!
Floating all premarket under resistance at around 184.
Over 184 and the next stop is 200
Company earnings were crappy but I guess this is still a discount if the FED has no credibility.
Be careful opening longs up, IMO there is a higher chance we see 170 support before 200.
In that scenario we would make a cup at 183 then a dip to 170 would be a handle
