CSCO eyes on $59.22: Key resistance to Tariff Recovery wave

4 thg 5

This "internet oldie" usually lags the newcomers.
The key will be to break the Covid fib at $59.22
If we get a dip then look to the sister fib at $57.81

15 thg 5

Giao dịch đang hoạt động

Houston: We have IGNITION

(yellow shaded area is from posting time)

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Closer look with notes:

Got a PING entry on Covid fib at $59.22
Closed 25% at Golden Covid $63.80 for 7.75% gain.

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What next?

Looking for TP #2 at $68.37 zone for 15% gain.
Stop Loss below our TP1 zone, a MUST Hold.

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21 thg 7

Đóng lệnh: đạt mục tiêu

TP #2 hit, per last update above

Beautiful continuation and ran "through the finish line"
I closed 1/2 here instead of the usual 1/4 per TP.
Possible end of this particular wave so booking profits.

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What next?

Hoping for final TP at Genesis fib of $72.67
OR hit our SL at $62.47, below the support zone.

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Consider this Trade Idea closed with a string.
Either a little more or a little less gains to go.
Another PREFECT entry and exits give by the FIBS.

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26 thg 8

Ghi chú

TP 3 was hit (thought I had posted this earlier when it hit)

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