Coming out of the APEX pre market. Big momentum name in both directions
Gap down now CnH formation. $21 not unlikely here
weekly shows nice accumulation. Retest of highs possible
much easier to see on the monthly chart. A very good buy point until it isnt anymore
and next target is probably black TL. Maybe 310-313 range
but interesting TL at the moment. If fails here, back below 278.5 would finally target 272
Pulled back to 50/61.8 Fib forming a falling wedge. Volume low, news is just noise for shorts to cover
if retested again after a lower low
The move targets the 50fib at 25.77 but I think higher
The 50% FIB is following suit. Previous Fib has been support
Ominous PUT spread just went off (sold the 230 puts to purchase the 270s) June expiry; $5 debt
Setup shown on hourly. If entered at D (1.27) you can set a stop over D. Target would be 1.27-1.618 ext of CD
Line chart so captures closing prices. Only an Interesting point if anything
but we need a rest and new setups. Much better longs if we can pullback into $250