The price now at level .618
he tried twice in the yellow cycle as you seen in the figure to break the level (A) but he failed
If the price can break this level (Green) we will see the price at next resistance level .1 and the green one will be strong support level .
My transaction is clear
take profit at 22.00$
Entry price at 17.79$
Stoop loss at 15.30$
Healthy sign in fundamental analysis .
PEG ratio .9
Using financial models
(DCF.CCA.EBV) the entry point at 45.25$
Using Fibonacci technical analysis the entry point in normal case is 47.00$ and in bearish case is 33.88$
Entry point 47.5 $
Take profit 54.00$
In this chart we have three possible entry point ( E.P) .
1. In the green line your E.P - 21.00$
2. In the purple your E.P - 24.00$
3. Finally in the blue E.P - 27.00$ Usually, its not my favorite E.P but the the fundamental analysis for the company doing well.
For all these E.P your stop loss 18.00$
and your take profit 33.00$.
As seen to you i made the first position (Short) From 124.03$$ Take profit 110$$
At 110$ Best Entry Price to go long from 110$ and take profit 126.65$
The Fair value of company using DCF,CCA and earning power value is .109$