Entered: 113.346 SL: 113.246 Goal: 114.921
Entered at 114.520. Good luck! -I have Fibo levels from 2h study, along with fibo levels at 15min study. There is somewhat a correlation between both, since we also always want to take into account the momentum of the stock. Although volume is higher in a 3m study, volume is relatively low compared to days back. I have my stop loss at a little over 115.181, and...
See graph. Expected to go down the first part of next week based on volatility and volume, but to come back up afterwards.
I have two Fibonacci's indicators coming from an overall study. One, from the a macro analysis perspective and another one from the past 2 months (this study here). The 61.8% break, which is the phi number for Fibonacci, coincide and meet at the blue asterisk shown in graph. The butterfly trend gives me an idea of how the stock behaved last month and how it will...
Fibonacci gives me an idea of how this stock will behave. Along with the Volume MA and other indicator such us the bottom plots, I believe this stock is forecasted to go down for a few days before it goes back up. Wait for future indicators and to be below 10.3$ to enter (if you want to be conservative). Also, keep an eye open for news. This stock is fairly new...