jarrod.baker

jarrod.baker

My first idea in a long time haha. There is Bearish doji/top today with its high touching the 10-day SMA. ON top of that, there was a .382 retracement of the the initial pull back of the upward break of the slightly bullish flag. The inverse of .382, 2.618 is around historical support and the bottom of the slightly bullish flag.

jarrod.baker

Orange - C= .786 retracement of AB - D= 1.272 projection of BC Purple - C= .5 retracement of AB - D= 2.0 projection of BC Green - .382 retracement of purple CD - .618 retracement of purple CD Pink - Bullish divergence in Stochastic

jarrod.baker

having a lower high and now breaking the previous low, Im looking for Potential reversal zones, for an opportunity to go long.

jarrod.baker

It is a strong neckline

jarrod.baker

looking at a cypher pattern forming

jarrod.baker

At weekly S1, and on 50day MA, after just crossing up over the 100day MA

jarrod.baker

broke the neckline of the head and shoulders pattern, coming back to retest at an area of Support.

jarrod.baker

playing around with the fib tools

jarrod.baker

Bearish engulfing candle at the .382 retracement level and minor resistance. note the volume: getting lower and lower as the wave of buying went on, bears losing interest, bulls taking over.

jarrod.baker

Bearish engulfing

jarrod.baker

:p

jarrod.baker

low volume, but spiked during aggressive selling at when price hit 42.70 just technical

jarrod.baker

long upper wick, stop loss just above the swing high point. very little risk for high reward

jarrod.baker

dog with long wicks, preceeded by a long red candle with a long-ish lower wick. IMO a bullish signal. Also on the bottom of the triangle line.

jarrod.baker

close above the 100ma

jarrod.baker

waiting to see which way it breaks out

jarrod.baker

continuing down

jarrod.baker

this is what im thinking currently