johnston151

johnston151 Updated 

Initial decline of 200DMA 431, down with gaps from 410 down, possibility of reclaim to 375 and maybe gap fills upward, I am skeptical but we will see. Thursdays move was too extreme for me to get a proper measurement off the engulfing candle from my typical pitchfork plots on a longer time frame. First spot clear would be breaking 370-373-375 and upwards,...

johnston151 Updated 

possibility of retracement to .50 Fib 392~390 for supply/pull back to continue uptrend to 200SMA at 433~ small rejection into testing 413 twice, breaking lower into 50SMA and test the 100SMA marked as a supply zone unless it breaks beyond that it still respects the fib plot.

johnston151 Updated 

Rejection from .618 fib near golden pocket, possibility of leg down to 350, otherwise Trend projections show us trying to capture the 200MA around 434, Took a position friday 400.18 Top wick, initial target for entry was 401.34. Closed off at the 20MA touch around 393 So far we hit an initial reversal stage, but the initial double bottom had happened on a 5y...