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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: ajtj99 who wrote (34231)8/23/2021 2:51:23 PM
From: Jacob Snyder  Read Replies (2) of 97632
 
RIG: I am out even at $3.21. When I thought 3.20 was support, the risk/reward balance favored going long. Now, I do not know where support is. RIG has made a series of lower lows since the early-July high. If I go long again, it will be below 2.80. It could easily go to $3.40 this week, but it is just as likely to visit 2.70.
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