I almost bought $FIL today at 0.86420. Then I checked the volume and stopped

Volume is sitting at 0.5x the average

This move has no real money behind it

I need an hourly close and hold above 0.88870 to care

Or a clean pullback that holds 0.85690 and shows a real bounce

It could keep running without me

A bad entry always costs more than a missed move

Chasing $FIL here, or waiting for 0.85690

#FIL #RiskManagement