NQ! rising wedge pattern since 2018 June
NQ! show strong move after Break out the 7358.5
Each time retest 7360 area (strong support) is a good entry point.
Wait NQ! touch the rising wedge upper band. It is time for short trade.
Each time retest 7360 area (strong support) is a good entry point.
Wait NQ! touch the rising wedge upper band. It is time for short trade.
Comment:
Based on Fib extension: 7710 is the target for this run.
Comment:
The key entry day:
2018-06-28 : 0.786 Pull back
2018-07-30 : 0.618 pull back
2018-08-17 : 0.618 pull back
All key support will retest in the following days and also need match with the structure.
2018-06-28 : 0.786 Pull back
2018-07-30 : 0.618 pull back
2018-08-17 : 0.618 pull back
All key support will retest in the following days and also need match with the structure.
Comment:
Top:
2018-08-09: Double top and resist by the previous top
2018-07-25: 1.272 extension from previous uptrend move
2018-06-21: close to 1.618 extension from previous uptrend move
2018-08-09: Double top and resist by the previous top
2018-07-25: 1.272 extension from previous uptrend move
2018-06-21: close to 1.618 extension from previous uptrend move
Comment:
2018-06-07: close to 1.414 extension from previous uptrend move
Comment:
Top:
2018-05-14:close to 1.272 extension from previous uptrend move
2018-04-19: Pull back from previous double top. classic 2618
2018-05-14:close to 1.272 extension from previous uptrend move
2018-04-19: Pull back from previous double top. classic 2618
Comment:
Buy dip:
2018-05-18:previous high and neckline for double bottom pattern.
2018-04-25:0.618 pull back from high
2018-04-04:double bottom
2018-05-18:previous high and neckline for double bottom pattern.
2018-04-25:0.618 pull back from high
2018-04-04:double bottom
Comment:
I review the key stock pattern as well.
Entry point:
2018-08-17:Neckline support and previous high.
2018-07-30:Double Top neckline support,previous high support and 0.618 from high.
2018-06-28:0.618 pull back from high and previous high support.
Entry point:
2018-08-17:Neckline support and previous high.
2018-07-30:Double Top neckline support,previous high support and 0.618 from high.
2018-06-28:0.618 pull back from high and previous high support.
Comment:
Comment:
AMZN Top:
2018-06-20: Reach April high 1.414 extension
2018-07-27: Reach almost May high 1.618 extension
2018-08-13: Passed July 1.13 extension
2018-06-20: Reach April high 1.414 extension
2018-07-27: Reach almost May high 1.618 extension
2018-08-13: Passed July 1.13 extension
Comment:
Just one day B/O green trend line and next target is black trend line