A popular stock + Above the average line 150 + UP trend line. After (-7%) yesterday & good quarterly report, Gap down (a high percentage of the gaps will close) + 50% Fibonacci line + rising channel = Potential for a 10% increase? Only an idea and not a recommendation for trading!
$GOOGL with the 2-2-2u reversal on the daily and looks like it wants the $405.80 gap fill. If it can gain support above the bear gap it could extend to the $107.8 PL, but if if loses $108.80 (9EMA), it could fill the bull gap down to $100.43
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron