Looking for entry after a break and retest of yesterday's high, $10.34
Why:
Target would be around $10.88, which is the 1.618 fib level
Why:
- Even though yesterday's candle is high volume and red, if you drill into a smaller time interval, the candle where the volume was high is green.
- Uptrend since April
- Solid fundamentals (EPS Growth)
Target would be around $10.88, which is the 1.618 fib level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.