quakefiend
Short

COP AB=CD, short with various retracement targets

NYSE:COP   CONOCOPHILLIPS
121 2 5
Today completes a perfect AB=CD pattern for COP. First obvious short target is the . 382 retracement from D, next target is the long term trendline , next target is C, and finally the last target is .786 to .886 of AB. These are my targets and are influenced by confluences I see (SR levels, fib levels, trendlines , harmonics) - you may have different ones =)
And what an epic short it was!
+1 Reply
quakefiend JohnKeverich
totally epic!! =D
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