Long SWN
Updated
Who else can see this happening? For all you wishful thinkers this could possibly retest the structure high following an Elliot Wave. The Fibonacci chart shows a .618 retracement, which if we see a 1.414 extension, we would see it hit point 3. Following a retracement back to point 1 position and ending and the resistance line that it hit twice before.
Trade closed: stop reached
Stop price hit...can't win them all I suppose. Sorry folks.
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.