Everyone wants a piece of $GTC today. I am sitting this one out
It is already up 22.9 percent in twenty four hours so the easy move is behind us
The hourly RSI sits at 72 which means momentum is stretched thin
I need to see an hourly close and hold above 0.27732 before I care
Or I want a pullback that holds 0.20773 and bounces cleanly
It could keep running without you and a bad entry costs more than a missed move
Chasing $GTC here or waiting for 0.20773
#GTC #RiskManagement
It is already up 22.9 percent in twenty four hours so the easy move is behind us
The hourly RSI sits at 72 which means momentum is stretched thin
I need to see an hourly close and hold above 0.27732 before I care
Or I want a pullback that holds 0.20773 and bounces cleanly
It could keep running without you and a bad entry costs more than a missed move
Chasing $GTC here or waiting for 0.20773
#GTC #RiskManagement