Singkat
Triple resistance and %R crossdown
Stock popped a couple percent even after missing earnings estimate this morning, which put the price above the 100DMA for a little while.
It looks like Williams %R is about to cross back down from the overbought zone and there are 3 resistance indications meeting at this time:
100DMA
Fibonacci retracement (0.618)
Fibonacci fan (0.382)
I set the target and stops hovering around the fibonnaci retracement lines, I'll be paying attention to the moving averages and if they appear to show support (such as the 50DMA) I may tighten the stop to protect a sliver of profit.
It looks like Williams %R is about to cross back down from the overbought zone and there are 3 resistance indications meeting at this time:
100DMA
Fibonacci retracement (0.618)
Fibonacci fan (0.382)
I set the target and stops hovering around the fibonnaci retracement lines, I'll be paying attention to the moving averages and if they appear to show support (such as the 50DMA) I may tighten the stop to protect a sliver of profit.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.