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rat89
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Let's see if this works....never tried to start a new topic...

having bounced off the .886 friday, will it aim into the area of interest up at the .886 of last week's high, or into the box at 1.128 - 1.27, and what will it do up there?

There is some symmetry in that both blue arrows are at .886....ultimately you might expect a move that mirrors the mid march - may move, but without a significant pullback into an abcd, which we haven't seen yet?
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rat89
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they need to defend it right here:


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JI
jimkane
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Posts: 33,089
I'll be watching 1319 next. There is a minor area around 17.25-.50 (the ABCD).
JI
jimkane
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Before dropping a little NFLX went ahead and set another new all-time high today. On a day like today!
JI
jimkane
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Boy, does it 'see' that little bearish ABCD. For now.
JI
jimkane
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Well, look at that. Right down off that first level and ABCD. Now, that's weak! But, watch the GZ, as I'm not sure it will set another new low today.
JI
jimkane
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Amazing how it only had enough to bounce up to the very first little area. I'm watching 11+ here to see if they bounce it from there at all.
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jimkane
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Note the SL here, too.
RA
rat89
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and into a 1.27 of the day's bounce at the low...
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jimkane
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New LOD by three ticks, and right up off the SL.
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rat89
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wonder if they mean it?
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albert
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roofer,

I am very sad to hear about your recent misfortune. I will keep you in my prayers. I pray you have a complete recovery and return to your full strength and health. God bless you.

Good Trading, Al Kamego