Twitter is at its 1.618 extension which bounced nicely from 13, it can go up to 40 to 50. If it is acquired by another company, like Linkedin acquired by Microsoft.. it's price will double over night
Forming wedge, looks like waiting for something, next NFP might be..
Immediate reversal at PRZ and holding, good sign for a trend reversal and go up to 43.83, 60.83 and even 88.35 for those who can hold long term.
Might be a good chance to long LABD. A further dip in LABD is a buy. Stoploss 296.67
exactly the same timeframe... if they keep 'emulating' each other, imaging the opportunity in both of them
1.27 extension now, RSI overbought, facing some resistance. might still go up to 1.618, that's a level with high possibility to retrace.
Entry: 0.75740 SL: 0.76000 TP1: 0.7515 TP2: 0.7474
Stoploss - All time low at 1.0 ?
Double pattern indicate a entry here, entry: 1.3036 target 1.275 SL: 1.314
Short around: 1.618BC=77.044 0.886XA=77.076 Note: This could also reverse at 0.786BC
Pattern trades are: 0. Head and shoulders, marked by yellow rectangles 1. shorted at C(1370) where the .618 pullback is, BC=0.618AB 2. Covered on the 1.618 extension of AB on D, more precisely 1.618A'B=A'D 3. Retesting neckline area, a good short entry again around 1360 to 1362
Retest the range top, and possible enter the range, then reverse at the 0.786XA.Need to watch the lower timeframe to find entry points