GAP UP ON ANALYST UPGRADE, TESTING RESISTANCE, COULD TRIGGER NEXT BUY SIGNAL
NOTICE UPSIDE GAP TO FILL. TRIM/TRAIL/ADD AT FIB EXT LEVELS. BLUE ARROW INDICATE INSIDE BAR, BUY SIGNAL ON BREAK ABOVE PRIOR BARS HIGH.
CHECK THE WEEKLY CHART, GREEN INSIDE BAR. MARKET COULD TEST 38.2% FIB EXT, A BREAK ABOVE COULD TRIGGER ANOTHER BUY SIGNAL, TESTING 50% LEVEL, TARGETING 61.8% LEVEL. STILL LEARNING SOFTWARE. WILL POST MORE AS I GET QUICKER USING CHARTS. CHECK OUT: BABA CBI SGMS AMZN JWN WU
BROKE 8 DAY MOVING AVERAGE AND NOW TEST SUPPORT AT 21 DAY MOVING AVERAGE, A REVERSAL HERE AND A BREAK ABOVE RECENT HIGH PROJECTS UP TO 61.8% FIB EXT LEVEL. WILL NEED TO TEST RESISTANCE NEAR $116 AREA NEXT.
A NUMBER OF BIOTECH STOCKS FORMED INSIDE BAR ON WEEKLY CHART MONDAY. CONSOLIDATING NEAR HIGHS. LOOK TO BUY SUPPORT LOWER CONSOLIDATION ZONE OR WAIT FOR BREAK OUT FROM UPPER CONSOLIDATION ZONE. WATCH OUT FOR RESISTANCE/MELTING CANDLES NEAR FIBONACCI EXTENSION LEVELS.
A NUMBER OF BIOTECH STOCKS FORMED INSIDE BAR ON WEEKLY CHART MONDAY. CONSOLIDATING NEAR HIGHS. LOOK TO BUY SUPPORT LOWER CONSOLIDATION ZONE OR WAIT FOR BREAK OUT FROM UPPER CONSOLIDATION ZONE. WATCH OUT FOR RESISTANCE/MELTING CANDLES NEAR FIBONACCI EXTENSION LEVELS.
