1 H
Trendline upwards broke, making now LH. LL.
Spy finds support at: 743, 740, 739, 732 (which corresponds to 0.5 Fib pullback)
In premarket price lost 9 ema, but was still sitting on 21 ema.
Buyers waiting at 732.
In other words: price is currently following a down trendline, Strong support at 743 which could form a shelf. It might retest 732 for correction, if it doesn't break out. That 0.5 Fib level 732 could be a good entry for calls.
If 743 hold, retest of 748
If 743 breaks, retest of 732.
Happy trading!
Trendline upwards broke, making now LH. LL.
Spy finds support at: 743, 740, 739, 732 (which corresponds to 0.5 Fib pullback)
In premarket price lost 9 ema, but was still sitting on 21 ema.
Buyers waiting at 732.
In other words: price is currently following a down trendline, Strong support at 743 which could form a shelf. It might retest 732 for correction, if it doesn't break out. That 0.5 Fib level 732 could be a good entry for calls.
If 743 hold, retest of 748
If 743 breaks, retest of 732.
Happy trading!
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.