TRCH – This is a test of the 50% Principle – Retracement needed by ReadyFor401k on TradingView.com This retracement was foreseen, and we were hopeful the momentum behind the merger would have pushed past the technicals through the end of the month. However, now that we bounced off the 60% retracement mark, price can continue on an uptrend now. We just want to ensure price keeps the HMA close to its side. If it over extends again, we’ll see another pull back. Holding for a dividend and excess funds distribution is great, but it shouldn’t be at the cost of profits. Always remember that. Don’t jump on the hype train and expose yourself to great loses. Hedge wisely clan.