DELL watch $70 then 67: Supports for a possible dead-cat bounce

6 Apr

DELL crashing more than others from tariff-tantrum.
Pierced a minor support on its way to a major support.
Should get a dead-cat bounce to major resistance soon.

$ 70.27 - 70.90 is the minor support to watch.
$ 66.78 - 67.35 is the major Support below.k
$ 76.64 - 77.15 is now a major resistance above.

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9 Apr

Dagangan aktif

Gorgeous Fibnastics

(yellow shaded area is from posting time).

Zoom in a bit (m5)

We got a nice launch from "Major Support".
Then a subsequent bounce on"Minor Support".
Looks UN-likely to hold but lets see how it does.

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11 Apr

Dagangan ditutup: sasaran tercapai

Second TP hit

For 28% gains on the second TP.
I did close at the Genesis fib at $85.93.
Now looking for re-entry soon.

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