AMBA watch $44.95-45.40: Key resistance to break DownTrend

14 Apr

AMBA is struggling with a key resistance at $44.95-45.40.
Break-n-Retest could pop to the major hurdle of $50 round.
Key support for SL shield is the double fib at $42.84-42.96.

1 Mei

Dagangan aktif

Gorgeous Fibnastics!

(Yellow shaded area is from posting time on)

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Zoom in (M15) for a closer look at PA around our fibs:

Absolutely PERFECT Pings from both sides of the Genesis fib.
All Humans/Bots/Indi's have recorded those reactions.

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The last bounce ALMOOOOOST hit the sister fib above:

And that one is a "Golden" Genesis (11.089 = 1.618 ^ 5)
Paired with a Golden "Covid" fib, that is a very strong zone.

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That may have been a local top.
Let's see how the retrace goes.

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30 Mei

Dagangan ditutup: sasaran tercapai

BOOM! Final Target hit and THEN some

(Yellow shaded area is from posting time).

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Closer look with trade notes:

Closed 25% at each of TP 1 and 2.
SL then got hit on another 25%.
Final 25% with SL at BE to hold

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I will try to hold the 25% as a "free" add to my portfolio.

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