Costco stock fell 7%+ today, breaking the overall trendline on the D and 4H graphs. I predict that it will have a green day on Monday because the market will retest/correct itself, and after touching the R1 price on pivots (Fibonacci), we can short COST. With a risk-reward ratio of 1:3, less risky traders can exit at a given price in the image, and if you can hold...
AVGO has done extremely well due to earnings reports and releases and AI implementation in the past couple of months but now that stock surge is coming to a trend reversal. FVG analysis shows there are previous gaps that haven't been covered yet. This is further proven by the gravestone doji that we saw at yesterday's close. Today, the stock saw -4% and that red...
On a 4H chart, multiple FVG points were made. The stock went up because of earnings. If the stock crosses below FVG 1, we will see the price drop significantly.
