This could be a good spot to hold support, but of course a full retracement to the previous low is still a risk. A re-test close to the previous low would be fine, but trading under it would not... that would bring 12k targets in to the picture. Let's get some buying interest going.. time will tell. Fibo
17.7 was filled for me to go long here. See how it plays out.
downside move hit first level.. now on to the second level.
trend lines Fibs extensions support resistance measurements I chat the daily Thanks, Fibo
Bull zone still in play with the next couple of targets market for sell profit. Fibo
the next candle close is a buy signal with a target at the red 61.8% Should be fun :) Fibo
I am team GREEN (with stops of course...) Would love to see a bull zone on my threshold RSI :) Fibo
Would love to see some shorts face-melted. lol Fibo
... matches the CME meme gap at 35180. Could it be a sign? Fibo
critical support being tested with more downside risk likely Fibo
sad, and i feel for the ones that got hit. Time to throw in the towel and move on to better things.
On critical support, and if the storm breaks out the market could swirl all the way to next support... or do weather the storm and see sunny skies ahead... Fibo
This latest bull zone has been rather profitable Fibo
Just an update.. but looks like we might stop here with a possible divergence.. but a break higher brings the next fib ext zone as a sell territory Fibo
Looking at both Fibs the 61.8% level is being breached.. could spell disaster for all you netflix holders...
If broken look to the other buy spots, but let's see if this threshold support holds I added a small long here.. not financial advice Thanks, Fibo
Time will tell, but looks to be a nice buy spot as the price wicked into zone. Fibo