TTD eyes on $130-133 into Earnings: major fib cluster maybe top
Updated
TTD has been in a strong Bull trend after last earnings.
Now testing a cluster of four fibs that could mark a top.
Earnings today will declare this a top or a break-n-run.
$ 130.49 - 133.92 is the wide range of interest.
$ 131.08 - 132.80 is the maximum resistance.
$ 120.22 - 121.70 is first support if a small dip.
=================================================
.
Now testing a cluster of four fibs that could mark a top.
Earnings today will declare this a top or a break-n-run.
$ 130.49 - 133.92 is the wide range of interest.
$ 131.08 - 132.80 is the maximum resistance.
$ 120.22 - 121.70 is first support if a small dip.
=================================================
.
Trade active
BOOM! (yellow area is from posting time)
Double Top? Very possible.
.
Zoom in (M15)
Top (?) was a perfect PING on a Genesis fib at $132.80.
Looks like subsequent rejection by sister fib at $126.51.
Which points to possible next target sister fib at $120.22.
.
SUMMARY:
- Nailed that top EXACTLY (of course).
- Looks to be resonating with Covid fibs.
- $120.22 is the next target to watch for.
==========================================================
.
Related publications
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.