$CFX looks green at 0.05517 today but I am passing on it
Volume is just 0.8x average so nobody big is backing this move
Only 1.3M in daily volume means you get trapped trying to exit
I need an hourly close and hold above 0.05641 to even look
Or I want a pullback that holds 0.05410 and bounces first
It could keep running without me and a bad entry costs more than a missed move
Chasing $CFX here, or waiting for 0.05410
#CFX #RiskManagement
Volume is just 0.8x average so nobody big is backing this move
Only 1.3M in daily volume means you get trapped trying to exit
I need an hourly close and hold above 0.05641 to even look
Or I want a pullback that holds 0.05410 and bounces first
It could keep running without me and a bad entry costs more than a missed move
Chasing $CFX here, or waiting for 0.05410
#CFX #RiskManagement