OSK eyes on $88.82-89.24: Key Resistance to Tariff Relief bounce

OSK bounced into a key resistance after Tariff pivot.
Mostly US based company so almost immune to tariffs.
Currently testing first fib support so maybe ready to go.
$ 88.82-89.24 is the exact resistance zone of interest.
$ 86.66 is first (minor) fib support for bulls to hold.
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Mostly US based company so almost immune to tariffs.
Currently testing first fib support so maybe ready to go.
$ 88.82-89.24 is the exact resistance zone of interest.
$ 86.66 is first (minor) fib support for bulls to hold.
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Dagangan aktif
Breakout under way!(yellow shaded area is from posting time)
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Zoom with notes:
We got a nice Break-and-Retest on resistance.
Now bulls need to flip the Covid fib at $91.49.
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If we can confirm $91.49 as support
Then we should be able to hit $95.81 next.
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That would give us about 7% gains total
Thus our target is $95.81 minimum.
Stop Loss at Break even for now.
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Dagangan ditutup: sasaran tercapai
Target HIT and then some!(yellow shaded area is from posting time)
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Closer look with trade notes:
TP 1 hit per our last update above, closed 25%
TP 2 hit at $102.50, so closed another 25%.
Stop Loss (SL) got hit on the remaining 50%.
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So another great swing trade with proof.
Now to look for next Fib-signaled opportunity
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.