Midweek Watch 8/18 - $STX

١٩ أغسطس ٢٠٢١

$86.10 is my level. You got the monthly pivot right above $85 spot and 126D SMA as well. I'm looking for a retrace on it, if you draw Fibonacci retracement from where the move started you could see that $85 - $86 is right at the 50% - 60% pocket. Had good numbers, pulling back a little bit and also closed above 50D SMA, let's see if it plays out or not.