EBAY eyes on $50.60: break should run to $66, then re-evaluate

Cập nhật
EBAY poised for breakout from double-fib resistance.
This resistance has imposed itself several times already.
So all humans/bots/algos are keenly aware of this level.

$ 50.65-50.68 is the immediate resistance to flip into support.
$ 65.92-66.16 is the final target, with some hurdles in between.
$ 46.73-46.98 is the first good support in case bears reject here.

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Đóng lệnh: đạt mục tiêu
Target HIT
ảnh chụp nhanh
Nice vertical sprint to the finish line!
May keep going, but likely to dip some.
Take some profits, trail stop on the rest.

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I have posted an updated plot with extended targets for bulls wave:
EBAY heads up into $66: first of 3 targets for swing trade


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Giao dịch đang hoạt động
GORGEOUS
ảnh chụp nhanh
Perfect Retest of our key zone.
Good spot to enter/add to longs.
Also good shield to put SL under.

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Đóng lệnh: đạt mục tiêu
30% Gains taken!
ảnh chụp nhanh
Taking some/all profit wwas apparently a good move.

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Zoom IN (m15)
ảnh chụp nhanh
Last update we hoped red zone would become support.
It failed, but at end of day Friday so not telling.

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So the key levles will be $65.92 to 66.16.
Likely we will retest this zone after weekend.
Look for Rejection or Brean-n-Retest for next clue.

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FibonacciSupport and Resistance

the Golden Ratio is my Religion
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