
Post
Julie B
$ACE bounced, but $0.17250 was firmly rejected and price is still below its 10-hour average. That makes the next push into $0.162–$0.163 more interesting than the small green candle here.
Bearish idea, derivatives only: Entry $0.1618–$0.1630 if the bounce stalls. TP1 $0.1590 | TP2 $0.1560 | TP3 $0.1520. SL $0.1647.
For spot, these are levels to watch for weakness not an instruction to short a spot position.
#FOMCRateCallThisWeek #AIAnxietyHitsChipStocks #SaudiOilPipelineDamaged
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