At 430 in the morning, watching the 5 minute bni chart, my 'gut' is telling me to exit. i'm guessing it's because the day's rally looks halted or stunted. could this be what the 'masses' feel, and therefore be the wrong thing to do?
The stock did close lower than the point at 4.30am. I've not moved my stops yet as i think this trade is still working. Here's why.
The 10day 30 min chart shows that it's broken through a resistance channel and it's just rebounded off it, confirming a support.
The daily still remains upward, as it made a new high. However, it failed to close above the prev day high.
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