EBAY eyes on $50.60: break should run to $66, then re-evaluate

Zaktualizowano
EBAY poised for breakout from double-fib resistance.
This resistance has imposed itself several times already.
So all humans/bots/algos are keenly aware of this level.

$ 50.65-50.68 is the immediate resistance to flip into support.
$ 65.92-66.16 is the final target, with some hurdles in between.
$ 46.73-46.98 is the first good support in case bears reject here.

========================================================
Transakcja zamknięta: osiągnięto wyznaczony cel
Target HIT
snapshot
Nice vertical sprint to the finish line!
May keep going, but likely to dip some.
Take some profits, trail stop on the rest.

.

I have posted an updated plot with extended targets for bulls wave:
EBAY heads up into $66: first of 3 targets for swing trade


================================================================

.
Zlecenie aktywne
GORGEOUS
snapshot
Perfect Retest of our key zone.
Good spot to enter/add to longs.
Also good shield to put SL under.

==================================================================

.
Transakcja zamknięta: osiągnięto wyznaczony cel
30% Gains taken!
snapshot
Taking some/all profit wwas apparently a good move.

.

Zoom IN (m15)
snapshot
Last update we hoped red zone would become support.
It failed, but at end of day Friday so not telling.

.

So the key levles will be $65.92 to 66.16.
Likely we will retest this zone after weekend.
Look for Rejection or Brean-n-Retest for next clue.

==================================================================

.
FibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Powiązane publikacje

Wyłączenie odpowiedzialności