sunlight086

sunlight086

POSSIBLE SUPPORT AND RESISTANCE

sunlight086

Possible next point to Watch on Support Line

sunlight086

Cup & Handle Pattern. If Resistance not broken price will sharply move down to 38.2% Fibo Level (134.61$) also supported by a trend line and 50 SMA .

sunlight086

Using the Weekly Chart of LUV Which Fibo Retracement Level is for LONG? 78.6%(42.79) Or 88.6% (40.04)?

sunlight086

A Failed Breakout. Possibly will try again but first retrace back to 50 SMA support combined with 61.8% Fibo Level.

sunlight086

Harmonic Trend analysis in a monthly chart shows that TTMI will fall first to 12.85 (Buy)which it did and Sell at 16.98. 2nd buy at 8.61 and sell at 13.75. Reading the history helps in next moves.

sunlight086

Based on History analysis quoting year 2004 when price bounced off the ground price made a high as it did recently and then retrace back to 50% before to make a next move up. The 50% Fibo retracement Level from Current Very low 1.61 to Very high 15.65 matches to 127% retracement from Low 9.85 to High 15.65 of the current trend. resulting the bottom price is 8.27....

sunlight086

Based on History analysis quoting year 2004 when price bounced off the ground price made a high as it did recently and then retrace back to 50% before to make a next move up. The 50% Level from Current Very low to Very high matches to 127% retracement from Low 9.85 to High 15.65. resulting the bottom price is 8.27. Price will come down to 8.27 before to make a new...

sunlight086

Fibo Based Next move down.50 SMA Support in weekly time frame. lower B Band touch. Any comments?

sunlight086

Could be a Change in Direction.