CRM eyes on 212 then 208: earnings dump nearing BUY levels

Telah dikemas kini
Earnings Report caused a massive dump.
Now approaching some key support zones.
The "wait 3 days" rule might bring it to us.

$ 212.34 - 212.34 is the first support below.
$ 207.55 - 208.20 next, a must-hold for bulls.
$ 223.06 - 224.58 is the immediate resistance.

=========================================
Nota
We have a bounce EXACTLY where hoped:
syot kilat
And that bounce (albeit small) was on a down day for market

.

Zoom in (m1 with some notes:
syot kilat
The bounce got to the local fib above at $217.14

.

Adding a fib to the bounce:
syot kilat
Several "PIngs" (exact ricochets) show fib-compliacne,
and that is the first requirement to a sustainable wave.
Too early to declare a bottom, but a promising bounce.

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

.
Nota
Those PIngs that promised a sustainable wave:
syot kilat

Proved to be valid with a massive follow thru:
syot kilat

So we convert our original "linear" fib (blue stripe) to a "Golden" series (blue+gold)
syot kilat

Which does not show very good fitment after last bounce:
syot kilat

So looking for another "Impulse" we can place another Linear fib
syot kilat

Zoom out a bit and looking above:
syot kilat
First guess of target of this wave is the bue 4.236 at $239.12,
and that is in tight confluence with a Genesis fib at $239.08,
so we can look for that target next, and be very alert if gets there.

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

.
Nota
1st Guess Target hit!
syot kilat
Spiked up at open, right thru our target.
But pulled back to existing fib at 230.25.
Our sell orders at 239 were well placed.

.

Zoomin OUT a bit (m8)
syot kilat
Our exit target of $39 is a major hurdle.
Break and retest would say bottom in.

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

.
Dagangan aktif
BOOM and DONE (almost)
syot kilat
60% so far and still going :)
I only have a small bag riding up,
but am closing a little more here.

Letting 10% ride with trailing stop

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

.

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

.
fibextensionsfiboFibonaccifibretracementgoldenratioSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Penerbitan berkaitan

Penafian