Otorotrading

Otorotrading

Have we reached top of wave 3? Or are we already at wave 5, looking for an ABC correction?

Otorotrading

There are at least 5 levels of confluence for QCOM at $133. If the current range POC is lost, this should be a strong level of support for a long position.

Otorotrading Updated 

AAPL in ascending wedge and near 1.618 target at trendline resistance. May see retrace to local POC and if lost, fall to monthly/golden pocket/bottom trendline area of confluence. Would also complete a Gartley harmonic pattern.

Otorotrading

PLTR currently bouncing off strong support at the global POC, anchored VWAPs from ATH/ATL and local 0.66. I would expect this to trade to the weekly level before hitting next level of resistance. If this is breached, can see a retest of the VAH but more likely will fall back into the range. On the bearish side, if lose POC, then would expect big drop to...

Otorotrading

APPLE LONG