So far in the new year, the market has not been very kind to the longs. But don't be despaired, a dead cat bounce might be in the offing. Before you dive in on anything that bounce, pay attention to the earnings date as the new earnings season has just begun.
In this video, a few ideas based on a setup using Fibonacci retracements and a trick to use for setting up R/R on the chart are presented. The stocks covered in this video are: TUBE, WFM, KKD and SYMC.
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Disclosure: no position in TUBE, WFM, KKD & SYMC.
