SHOP eyes on $78.47 below, 90 above: key range to form next move
Atualizado
Follow up to previous Swing Trades idea (click)
SHOP continues its recovery from bottom.
It has just retested a Golden Genesis fib.
Critical support to break next resistance.
$ 89.65 - 90.04 is the major target.
$ 83.76 should bring some violence.
$ 73.60 will be critical trend support.
Previous Chart:
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SHOP continues its recovery from bottom.
It has just retested a Golden Genesis fib.
Critical support to break next resistance.
$ 89.65 - 90.04 is the major target.
$ 83.76 should bring some violence.
$ 73.60 will be critical trend support.
Previous Chart:
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Trade ativo
BOOM (yellow part is after posting time)
Nice bounce off our Golden Genesis support.
.
Zoom in a bit and some notes:
Decent reaction at the Covid fib ($83.76)
Then a dip to our Golden Genesis ($78.47)
Looks likely to hit our hard target ($89-90)
.
Let's see what the new week brings.
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Trade fechado: objetivo atingido
BOOM! 46% gains booked
Took off from out Golden fib, popped to a sister fib.
Got lucky with earnings, but being PREPARED was key.
Scalpers closed the longs, holders sold some shares.
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Zoom In (m1)
Got a PING (exact hit) on a Genesis fib at $114.62.
"Ping" from "Give me a ping Vasilly, One Ping Only".
And my rule about Pings:
"Not every Ping starts a Reversal,
but Most reversals Start with a Ping".
And such a LOUD ping says "take action".
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Looking for supports:
$107.73 was first possible support but failed.
$102.14 Genesis fib would be ideal bounce.
$100.20 golden Covid fib reinforcing support.
Let's see if our next support holds, but I am OUT.
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