Fibonacci retracements on 76 and 60 that could get prices up to test the triangle break-down
looks good as per the points on chart.. considering to sell at least 50% of the position by the gap
SPY/ S&P 500 are in a perfect short position
S&P 500 / $SPY are in a perfect short position
waiting for the bounce!
buy area and sell area are clear the stock is expected to continue the upward direction after its triple bottom
Short after breaking down the nick line target would be around $6-7
Stop loss is 99.363 Feb levels are the targets
Clearly this stock has no resistance at all until $33 while it will still target 40.
