ABT Swing

 







Strong open, held sideways around bo level whole time market dumped. Once we broke above in big and ripped. 

Market sold off more, we held very nice levels, turned up along with market from good location and added more. 

Im pretty big as I wanted to be, we should see a good move from here, if not I think I need to reduce to protect losses. 

Made new HOD, rejected hard with vol. Not good. TL from lod still here as are MAs and vwap so will hold. But ready to cut add off if needed. Is 50% retrace from ATH and swing low, seems to be seeing good rejection. Tape is not bearish though. Not seeing any significant sell. 

Broke big range low, saw no vol increase, may be another fakeout but market is not helping still, not seeing that bottom. 

Might be chance to add more, seeing good buying here but market has to start helping or im adding unnecessary risk. 

And we did see signs of a turn and ABT was quick to jump on it. I did add. Stop is now all out under that recent low. Can only get faked out higher so many times. Now with market help, should see something. 

Market did not actually find a bottom, ABT slowly gave up some more back to test range low and under and new TL from lod. May turn into another add chance. 

Did rip up again, on low vol though and internals/market not clearly helping. 

And now is, broke TLs, and ABT making triangle, added into TL break higher. Seeing some sell but not a lot. 

Market got hit hard. All out as we lost TL and made new Low. Not comfortable sitting through this anymore. Escaped breakeven. 


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