Major Support Reached @ 8.82/8.69 Range | #AFFX #NasdaqTraders,
A bullish reversal confirmation signal completed per @TradingView pre-market data. This bullish signal - generated via my prop predictive/forecasting model - confirms separate analysis offered through a separate analyst. Upon receiving that separate analysis, I decided to apply the model and wait patiently for signal, which has occurred as of this pre-market hour.
Resulting bullish targets are as follows:
1 - TG-1 = 10.33 - 01 JUL 2014, moderate probability
and
2 - TG-Hi = 10.91 - 01 JUL 2014, low-probability
NOTE: All TG-Hi/Lo targets indicate a lower probability of being reached, but if and once reached, price level will very likely act as a major resistance level/support level, respectively.
Cheers,
David Alcindor
Predictive & Forecasting Analysis