Dive to 18.33 to 19.1, then bounce up to 24.6 and 27.99, need sometime, watch it.
look for shorts around 2098 where the completion of Cypher pattern is. Immediate resistance at 0.786 XC. Classic stoploss level should be 2127, but we can look for a improved stop loss level at a lower time frame, a resistance at 2015 for example.
Entry: 2.022 to 2.01 SL: 1.932 TP:2.2
waiting for lower timeframe confirm
Retest and continue down? Or break up and retest high?
A potential AB=CD pattern and butterfly pattern , I won't buy until 246 and 237.88. Stoploss should be around 232.
92.74 is the 0.786 XA retrace and AB=CD, and also 1.27 AB, which is potentially a good long entry. See the most recent pattern - a Bullish Gartley pattern
SolarCity is eating a large piece of the solar market cake, especially in California. If the single family solar electricity solution gets popular, this stock will be skyrocketing, www.californiasolarstatistics.ca.gov From the chart we saw it more than doubled at the 786 resistance, 886 here will be the last resistance before dropping to its IPO price, I expect...
Drop down to its IPO price and bounce up a little. Be careful of the volatility of this stocks, it might delist from NASDAQ and go back to list on Chinese market which is now on a rising trend.
1. Closely watch 1205 the previous pin bar support. 2. The butterfly pattern, look at 0.615 approximately 0.618, and the 1.271, two fib numbers, this is a good butterfly pattern!!
missed the 618 bounce, looking for new entry
Cypher pattern: fib number 0.613 approx 0.618. 1.232 approx 1.27. Price exceeds Point D but still under X, providing a good entry with smaller stop-loss. Since the volatility is potentially high, 2 point buffer is added to point X as the Stop-loss level. Stop-loss: 2113.5 Enter short at current level TP 2075, 2056