I had an initial trade set up from 158. This stock has blown well past my first two major targets.
These are both major supply areas marked in black. I am holding as this momentum seems to continue.
Each new impulse has had a healthy retracement to at least the .5 fib. The 8 hour, daily, and weekly charts all look very strong.
I had to share this idea, though my general focus is in cryptocurrencies. At this point, I'm looking for a double top around 500 with the next major target around the 405 mark. Its not that far away.
This is not financial advice. This is for my reference and record as a hobby trader.
Thanks for looking, I appreciate feedback!
These are both major supply areas marked in black. I am holding as this momentum seems to continue.
Each new impulse has had a healthy retracement to at least the .5 fib. The 8 hour, daily, and weekly charts all look very strong.
I had to share this idea, though my general focus is in cryptocurrencies. At this point, I'm looking for a double top around 500 with the next major target around the 405 mark. Its not that far away.
This is not financial advice. This is for my reference and record as a hobby trader.
Thanks for looking, I appreciate feedback!