Hold off buying SPG until it proves it has legs.
SPG has been rejected multiple times @ $60.60 (Lower black line)
It has been rejected multiple times after rising up to 63.15
Instead of trying to time and chase this one, it makes more sense to let the price come to you.
Plan to trade:
Limit buy @ 60.62
Stop loss @ 59.25
Limit sell @ 63.15
It has been rejected multiple times after rising up to 63.15
Instead of trying to time and chase this one, it makes more sense to let the price come to you.
Plan to trade:
Limit buy @ 60.62
Stop loss @ 59.25
Limit sell @ 63.15