so the direction short term is clear.... 380-400 area is the next stop, give or take...
if still in the money, then decision is easy, sell, set a stop, whatever
if outa money, either cut loss and sleep well, or, if decide to hang on, get ready for much more pain.... (to the point of almost unbearable)... i don't mean it in a bad way, just as a reminder so people don't cut meat at the worst possible time.
somebody loaded heavy yesterday (if the trades are true), wish s/he could have listened, but if no cut, then get some aspirins ready lol.
if flat - well, i'd just watch.... not an easy short either when the wind is blowing from the south.
i don't buy the theory that entry point doesn't matter... it matters to the investors psychie.... taking a profit is different from taking a loss.
