INTU DISTRIBUTION

4 days ago

I clearly missed my entry point but I am posting this idea for visualization. I am seeing this curve or basing possibly coming into fruition. Key point was the flooring being created across the weeks/months near the 610 - 600 range but also the pivot or peak formation between 700 - 710 range giving indication of a possible backside of the distribution curve the failure following at the 680 level added context/confirmation. The 1D & 1H shows the MA (s) being to our backside which turns this trade/setup to something worth watching. We will see how it goes.