CYBR- 38.2%, 50% Fib Zones are the buy the dips levels to watch
3-4 Well what do you know. A stock that 9 days ago every
momo person on the planet just had to have out of fear of
being left behind AFTER they have already been left behind
(what else is new) is now finally pulling back and building a bull channel.
The big question is how long will it build out and how deep will the
pullback be if it indeed continues. Nobody knows, BUT we have clues
though to guide us and those are Fibonacci retracement zones where
stabilization can occur, that's what one wants to be watching for.
Notice we have small zones where support can occur in tandem with
the 38.2% and 50% fib zones?
As always, trade at your own risk all information is for educational
informational and educational purposes only.
momo person on the planet just had to have out of fear of
being left behind AFTER they have already been left behind
(what else is new) is now finally pulling back and building a bull channel.
The big question is how long will it build out and how deep will the
pullback be if it indeed continues. Nobody knows, BUT we have clues
though to guide us and those are Fibonacci retracement zones where
stabilization can occur, that's what one wants to be watching for.
Notice we have small zones where support can occur in tandem with
the 38.2% and 50% fib zones?
As always, trade at your own risk all information is for educational
informational and educational purposes only.