AMBA watch $70.03-70.44: Proven resistance holding up new highs

29 Jul

AMBA has been trying to float upwards with the market tide.
Currently struggling against a proven resistance $70.03-70.44
Looking for a Break-n-Retest ideally or Dip-to-Fib for entries.

6 Ogo

Dagangan aktif

PLUNK! Dropped exactly from our zone (yellow shaded area is from posting time)

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Closer Look with trade notes: long entry on break of zone FAILED.
Flipped SHORT and got 2 TP's for 4.4% and 9.8%
Then flipped LONG again, hoping that is a bottom.

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13 Ogo

Dagangan ditutup: sasaran tercapai

BOOM x 4 All four TP's hit quickly, closed 25% of longs at each.
Expecting a dip here, will look to rebuy at supports.

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Another PERFECT trade with CLEAR entry/exits given by the FIBS.
Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts.

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