Rykin_Capital

Bullish on Rewalk Robotics. RWLK

Long
NASDAQ:RWLK   ReWalk Robotics Ltd
B Wave most likely looking for 0.236, 0.3 retrace on the Fib. I don't normally trade B waves, but like all things in life there are exceptions. This is early in the game and very close to pivot and we are at the daily assessing the situation. Given these factors, might as well give one a try. But even then the market always has a mind of its own.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Trade closed: stop reached

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