Postaus

$LRC tall wick into $0.009764 did not turn into sustained buying. The one-hour candles have drifted lower, and $0.008847 is the nearby line that needs to hold. Bearish idea, derivatives only: Entry $0.00895–$0.00905 on a rejected bounce. TP1 $0.008847 | TP2 $0.008627 | TP3 $0.00845. SL $0.00921. I wouldn’t open the short directly into support. Wait for the bounce or let this one go. #FOMCRateCallThisWeek #AIAnxietyHitsChipStocks #SaudiOilPipelineDamaged