CDNS watch $325.10: Golden Genesis Fib ceiling for over 2 years

28 Mei

CDNS has topped here many times over the last 2 years.
Golden Genesis fibs are massive landmarks for any asset.
This one has marked THE TOP for over 2 years thus far.

It is PROBABLE that we "Orbit" this a few times.
It is POSSIBLE that we reject for another top.
It is PLAUSIBLE to Break and run to new ATH.

=================================================

.

10 Jun

Dagangan aktif

PLUNK - significant dip from our Golden Genesis fib

Closed shorts and flipped long at $277.79 fib.
Will hold longs until we break the Golden at $325.10

=================================================

.

6 Ogo

Dagangan ditutup: sasaran tercapai

POP (yellow shaded area is from posting time)
In previous update I mentioned flipped into longs.
Earnings report was favorable and we got a pop.
.

Closer look with notes:

Closed 50% of longs at first TP (Golden Genesis)
Closed the rest at next Geneiss fib after earnings.
Will watch for dip to consider longs again.

.

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

=========================================================

.