Quick Analysis about C: Is filling the GAP on the Daily and we the news that they were doing a layoff of a lot of employees that brings more liquidity and the company could see a spike in the share price. Biggest Resistance around 46 level, but if it breaks we could see the 47s and even the 48s. However if we go back below 44, we could get back to our previous...
Quick analysis on the Daily Chart Yesterday, SPY flushed and it went through the 0.5 FIB level almost reaching to the 0.618. Meaning we are in the Golden Zone and we could see some bullish action defending those levels. Overall Market sentiment is bearish so I'm thinking bulls step in trying to defend those levels and take profit and then bears do their work but...