Possible short term rebound. Then $190 till Weekly 200 EMA.

Updating my previous idea:

IMO it's possible to see a short-term rebound till $240 where the confluence of fib. retracement 0.5 (ATH to march '20 low) and fib. retracement 0.618 (ATH to dic '18 low) are.

Then, expecting more downside until aprox. $190 were the Weekly 200 EMA is. Just before the february earnings where trend reversal is possible if strong growth continue.

My last short Price Target was perfectly touched.

Thoughts?

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Comment:

$229 in pre market following my idea.

Possible turndown in $235 aprox. so people with aversion to risk can set their PT to $234.

This is a +5% in 2 days. You’re welcome.

Comment:

$231.5 in pre market. Target achieved today? This volatility can be so lucrative.

Comment:

Low risk target at $234 done.

Let’s see if we break $235 and then $240.

5% selling at $240

Comment:

$235 reached.

Adjusting lines and upwarding PT at $244.2 246

Trade closed: stop reached