A late rotation short, momentum continuation to 1/1 Gann Line.I have been following IESC for awhile. Due to other activities and some much needed vacation time I am currently late on a 1/2 Gann Line breakdown 8/30 - 9/6/2016. The retest of 9/30 - 10/3/2016 with a long legged indecision candle at previous resistance and 1/2 Gann Line failure also represents a "box" move.
Due to my attention starting on 10/26/2016 I prefer a momentum continuation short into the end of the year.
Box-breakout
NVDA graphic MountainNVDA is spiking extremely up. Almost reaching Max profit PT. Standard error of possible profit max target is the green rectangle. Possible setup for a short solely based on technical alone. Short at Profit Max or after reversal pattern develops. Further fundamental research may be need, forecast is subject to change.