Resistance To Break

Description

⋅ Oct 20, 2020 5:30 PM

Looks like a strong resistance at ~$4.24

The .236 fib lines up with it, resistance line (yellow dashed) able to be set there as multiple retests have been seen, 50 MA also serving as a resistance

~$4.07 looks like a solid support too

~$4.34 at the .382 fib looks like a good target

Let's watch and see if it's able to break out

I am new so feedback is welcome

Good luck

Trade closed: target reached

⋅ Oct 21, 2020 7:02 PM

Target of $3.34 reached

Support and Resistance Moving Averages