MOB eyes on $3.57: Break should POP and run OR Double Top

111
MOB with a nice recovery from much needed retrace.
Once again testing the proven Golden Genesis fib at $3.57
If/when it breaks it should be a quick pop and then some.

Trade active
POP snapshot EXACTLY Fib-to-Fib move caught with limit orders.
(yellow shaded area is from posting time)

.

Closer Look with notes:
snapshot Multiple failures at the Golden Genesis said to look for Retest.
Then came the Retest with a PING that one could almost HEAR.
Closed 25% of bag at primary target per original post.

.

What next? snapshot Ambitious targets that will need some patience.
Hoping to close 25% at each, keeping SL at BE for now.
If/when we hit second TP, I will start Trailing stops.

==================================================

.
Trade closed: target reached
3 out of 4 ain't bad? snapshot (yellow shaded area is from posting time).
Hit 3 of our 4 targets, then tripped our Stop Loss.
So 11%, 18%, 30% target gains and a 10% gain on SL.

.

Another PERFECT trade with CLEAR entry/exits given by the FIBS.
Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts.

==========================================================

.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.