For reasons gone into during yesterday’s impromptu webinar, we’ll need to wait for the right opportunity even if it means missing a trade. Two factors are working against hunting for camouflage right now: 1) the stock has yet to achieve the higher of two downside Hidden Pivot targets; and 2) yesterday’s selloff was bearishly impulsive on the hourly chart, having surpassed the look-to-the-lefter shown at 26.44 (12/30).
