Areas of interest / buy-zones for RAD (my opinion of course):
The golden pocket retracement of our entire 5 wave structure up (.618-.65) which is between $13.44-$13.27 which also coincides with the Gann Fan support line. My 2nd area of interest is the 1:1.236 extension of wave A within the ABC retracement which would be $13.03. From there I would ladder my sell targets between a .618-.7 retracement of the entire ABC wave-structure down (subject to change depending on where the bottom is) which would be roughly between $15.25-$15.60.
I will post updates on this.
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The golden pocket retracement of our entire 5 wave structure up (.618-.65) which is between $13.44-$13.27 which also coincides with the Gann Fan support line. My 2nd area of interest is the 1:1.236 extension of wave A within the ABC retracement which would be $13.03. From there I would ladder my sell targets between a .618-.7 retracement of the entire ABC wave-structure down (subject to change depending on where the bottom is) which would be roughly between $15.25-$15.60.
I will post updates on this.
If you like my content, please feel free to 'like' and 'subscribe' for more trades!
If you agree, disagree, or would like to talk - please feel free to comment as well!
Thank you
Comment:
Touched $13.44 for a split second before reversing.
Comment:
Appears to be on wave 5 currently. Good time to start buying in my opinion. If $3 isn't the bottom, the price may make it's way down to the 1:1.618 extension around $12.30.
Comment:
Time for the races, lets go!
Trade closed: target reached:
First target reached. Target changed slightly as the bottom was near the 1:1.618 extension of wave A in the ABC. Currently on Gann resistance line near $15.20
Good 10% gain today.
Good 10% gain today.
Comment:
@ $15.20 ^