📊 POSITION: $85c 03/20/26 @ $4.28 | Current Stock Price: $81.26
🎯 PT: $8.56 (+100%) | SL: Below $80.68
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📈 MULTI-TIMEFRAME STRUCTURE
WEEKLY: 3-2d-1 Inside Week (Consolidation)
- Bullish trigger: Break above $82.25
- Bearish invalidation: Close below $80.35 → Target $78.30
- Status: Coiling for directional move
2-DAY: 3-1-2u Pattern
- 2u continuation setup above $81.50
- Watching for confirmation candle
DAILY: 2d-1-2u Structure (CHART SHOWN)
- Key resistance: $81.50 (Previous Day High) - breakout = continuation
- Critical support: $81.09 (previous day midpoint)
- Below $81.09 on multiple timeframes → Bearish to $80.68 (Previous Day Low)
- Further downside: $80.50 → $80.00
- Upside gap-fill target: $83.62-$84.52
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🎯 FIBONACCI ANALYSIS
Long-Term Fib (ATL → ATH):
- Swing: $13.71 (03/18/20) → $101.99 (09/22/25)
- Current zone: 0.214-0.28 retracement ($77.27-$83.10)
- Holding bullish all-time Fibonacci support
Recent Swing Fib:
- Swing: $60.63 (04/07/25) → $101.99 (ATH)
- Current: 0.5-0.618 golden pocket ($76.43-$81.31)
- Price finding support at key retracement zone
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📍 KEY LEVELS
Resistance:
$81.50 (PDH - breakout trigger)
$82.25 (weekly bullish confirmation)
$83.62-$84.52 (gap fill zone)
Support:
$81.09 (daily midpoint)
$80.68 (PDL - stop-loss level)
$80.00 (psychological support)
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💡 TRADE THESIS
Price consolidating at confluence of multiple Fibonacci support zones while forming a 1-2u-2u continuation pattern. Clean risk/reward with defined invalidation below $80.68. Break above $81.50 triggers 2u continuation toward gap fill at $83-84.
Entry rationale:
✓ Multi-timeframe alignment (Weekly inside bar, 2D/Daily 2u setup)
✓ Golden pocket Fibonacci support (0.5-0.618)
✓ Long-term Fibonacci support holding
✓ Clear upside gap to fill
✓ Defined risk below $80.68
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⚠️ RISK MANAGEMENT
- Contract: 81 DTE (03/20/26 expiry)
- Stop-loss: Price close below $80.68
- Profit targets: Breakeven at +25% of contract price, trailing half at +50%, exit at +100%
- Position size: Appropriate for 81 DTE timeframe
*Not financial advice.
*Trade at your own risk.
🎯 PT: $8.56 (+100%) | SL: Below $80.68
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📈 MULTI-TIMEFRAME STRUCTURE
WEEKLY: 3-2d-1 Inside Week (Consolidation)
- Bullish trigger: Break above $82.25
- Bearish invalidation: Close below $80.35 → Target $78.30
- Status: Coiling for directional move
2-DAY: 3-1-2u Pattern
- 2u continuation setup above $81.50
- Watching for confirmation candle
DAILY: 2d-1-2u Structure (CHART SHOWN)
- Key resistance: $81.50 (Previous Day High) - breakout = continuation
- Critical support: $81.09 (previous day midpoint)
- Below $81.09 on multiple timeframes → Bearish to $80.68 (Previous Day Low)
- Further downside: $80.50 → $80.00
- Upside gap-fill target: $83.62-$84.52
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🎯 FIBONACCI ANALYSIS
Long-Term Fib (ATL → ATH):
- Swing: $13.71 (03/18/20) → $101.99 (09/22/25)
- Current zone: 0.214-0.28 retracement ($77.27-$83.10)
- Holding bullish all-time Fibonacci support
Recent Swing Fib:
- Swing: $60.63 (04/07/25) → $101.99 (ATH)
- Current: 0.5-0.618 golden pocket ($76.43-$81.31)
- Price finding support at key retracement zone
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📍 KEY LEVELS
Resistance:
$81.50 (PDH - breakout trigger)
$82.25 (weekly bullish confirmation)
$83.62-$84.52 (gap fill zone)
Support:
$81.09 (daily midpoint)
$80.68 (PDL - stop-loss level)
$80.00 (psychological support)
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💡 TRADE THESIS
Price consolidating at confluence of multiple Fibonacci support zones while forming a 1-2u-2u continuation pattern. Clean risk/reward with defined invalidation below $80.68. Break above $81.50 triggers 2u continuation toward gap fill at $83-84.
Entry rationale:
✓ Multi-timeframe alignment (Weekly inside bar, 2D/Daily 2u setup)
✓ Golden pocket Fibonacci support (0.5-0.618)
✓ Long-term Fibonacci support holding
✓ Clear upside gap to fill
✓ Defined risk below $80.68
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚠️ RISK MANAGEMENT
- Contract: 81 DTE (03/20/26 expiry)
- Stop-loss: Price close below $80.68
- Profit targets: Breakeven at +25% of contract price, trailing half at +50%, exit at +100%
- Position size: Appropriate for 81 DTE timeframe
*Not financial advice.
*Trade at your own risk.
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.
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.