carguy1986

carguy1986

if we can close the daily out, which is in about 20 minutes, above the .2855 we will be starting into an uptrend. My guess is we will hit a little resistance between .35 an .40 depending on timing of reaching the top of the rising wedge. Who knows we may even break through it. Just have to look for the signs. Just my current take on the short term. maybe you all...

carguy1986

looking like if it makes it to the end of the triangle and breaks .72, we are looking at close to .89 being the next target. really depends on how long it takes after breakout to hit the trend line, so could go a little higher or lower. Either way should be some resistance at that area for a good trade. DYOR I am just sharing this idea it is not financial or...

carguy1986 Updated 

Looks like they trying to put baby in a corner and you know "no one puts baby in a corner." I have 2 possible targets on this move and is looking like an upside move. Im looking at .257 and .286 as possible targets. Could I be wrong? Yeah I dont actually have a magic ball (note to self: Get magic ball) so DYOR and position wisely.

carguy1986 Updated 

First target .275 if we can break thru next target .34 and a break from there could take us up to the 1.10 mark. Numbers almost never hit the mark exact so DYOR and choose your position wisely, but I do feel that we broke the current down trend. I think we should hit the first target in the next few hours.

carguy1986 Updated 

Ascending channel. if we break near .5 fib then the measured move would put us around .635 area. Which lines up with resistance from the original move up.

carguy1986 Updated 

Old triangle resistance becomes support and creates new falling wedge. breakout ideas that reach out to fib