JAZZ has completed a textbook A-B-C correction bottoming out at 95.80 in Nov 2016.
Sharp reversal at 50% fib retracement is good sign.
2W RSI and MACD divergence is a significant supporting evidence of the upturn.
Look for an initial target of its previous high of 194.
Critical support at Minuette Wave C at 95.80.
Break of this low will invalidate the trade.
Sharp reversal at 50% fib retracement is good sign.
2W RSI and MACD divergence is a significant supporting evidence of the upturn.
Look for an initial target of its previous high of 194.
Critical support at Minuette Wave C at 95.80.
Break of this low will invalidate the trade.
Trade active:
Consolidation appears complete.
Trade at your own time and target.
Trade at your own time and target.
Trade closed: target reached
