fatherfibs

fatherfibs

ETH surging to top of the channel. I predicted if it broke 2820, we'd go to the moon. So far, right. I expect a slight pull back tomorrow or Wednesday.

fatherfibs

Broke resistance - Next PT 3167. bottom black line is now support. Needs to stay above to keep run alive

fatherfibs

I have 2820 by EOD Apr 30. If we break resistance, to the moon. If we bounce, we'll see sell-off and retest in a few weeks time.

fatherfibs Updated 

We were at a critical point in my last post. I noted the approach to 50MA and massive options volume heading to Apr16th. We did hit a big move. We hit the MA and fell right back, and now we're at critical support. OBV and RSI are in the tank. Lowest price since Nov 24th. What do you guys think? Consolidation?

fatherfibs

Huge drop in OBV during the selloff - consolidation? Bounced off support line and crucial point for both MACD and 50MA Looks like an influx of volume will cause this thing to pop Options volume is crazy over the next month through Apr16. Big money expecting this to move drastically...in either direction. Thoughts? Other indicators to look at?

fatherfibs

Options movement indicates Mar19th $5+ target, but if trend from previous run up holds, we could see it closer to Apr 16th Keep an eye on MACD and RSI the next couple of trading days

fatherfibs

I'm long AT&T and personally think anything under $30 is a discount, but something interesting is forming here.... Been trading sideways since New Years Day with crystal clear resistance and support lines, though OBV has been declining significantly, so red days are seeing much higher action. Is this a sign of bulls getting tired? Options volume for Mar19 is...

fatherfibs

First run in Nov retraced back to .786 before the run up Hit the PT right on money and retraced back to .786 - and bounced right off - Will we see a similar pop? Option movement seems to point to a $5+ PT by Mar19, but if same trend holds, would put us there in April - Checkout MACD and RSI - Will see a tug of war to stay above that 50MA - IDEX is PR heavy,...

fatherfibs Updated 

IDEX's first move in November is identical to the last 2 weeks , almost to the day Pink arrows = first move - Retracement to .786 off the high - Extension sets price target at $5.59 - first green circle - dead on Blue arrows = second move - Retracement to .786 off the high - Extension set price target at $6.38, green circle OBV don't use Fib all alone. FWIW:...

fatherfibs

Another crucial resistance test for AT&T, which has been trading sideways for weeks now. Retraced to .786 off the high. If this breaks through resistance, possible buy zone in green rectangle Pay attention to 50MA. If it crosses above 200MA, more support for the move Extension 1.786 at $32 and change Thoughts?