Earnings Report caused a massive dump.
Now approaching some key support zones.
The "wait 3 days" rule might bring it to us.
$ 212.34 - 212.34 is the first support below.
$ 207.55 - 208.20 next, a must-hold for bulls.
$ 223.06 - 224.58 is the immediate resistance.
=========================================
Now approaching some key support zones.
The "wait 3 days" rule might bring it to us.
$ 212.34 - 212.34 is the first support below.
$ 207.55 - 208.20 next, a must-hold for bulls.
$ 223.06 - 224.58 is the immediate resistance.
=========================================
تعليق:
Those PIngs that promised a sustainable wave:
Proved to be valid with a massive follow thru:
So we convert our original "linear" fib (blue stripe) to a "Golden" series (blue+gold)
Which does not show very good fitment after last bounce:
So looking for another "Impulse" we can place another Linear fib
Zoom out a bit and looking above:
First guess of target of this wave is the bue 4.236 at $239.12,
and that is in tight confluence with a Genesis fib at $239.08,
so we can look for that target next, and be very alert if gets there.
============================================================================================
.
Proved to be valid with a massive follow thru:
So we convert our original "linear" fib (blue stripe) to a "Golden" series (blue+gold)
Which does not show very good fitment after last bounce:
So looking for another "Impulse" we can place another Linear fib
Zoom out a bit and looking above:
First guess of target of this wave is the bue 4.236 at $239.12,
and that is in tight confluence with a Genesis fib at $239.08,
so we can look for that target next, and be very alert if gets there.
============================================================================================
.
تعليق:
1st Guess Target hit!
Spiked up at open, right thru our target.
But pulled back to existing fib at 230.25.
Our sell orders at 239 were well placed.
.
Zoomin OUT a bit (m8)
Our exit target of $39 is a major hurdle.
Break and retest would say bottom in.
============================================================================================
.
Spiked up at open, right thru our target.
But pulled back to existing fib at 230.25.
Our sell orders at 239 were well placed.
.
Zoomin OUT a bit (m8)
Our exit target of $39 is a major hurdle.
Break and retest would say bottom in.
============================================================================================
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
.
Zoom in (m1 with some notes:
.
Adding a fib to the bounce:
and that is the first requirement to a sustainable wave.
Too early to declare a bottom, but a promising bounce.
============================================================================================
.