ACN bounced into a significant resistance around $315
Look for a break and retest which would target $340.
Rejection could drop it to Double Golden fibs at $280.
$ 314.05 - 316.37 is the immediate resistance.
$ 277.51 - 280.31 is the best guess target below.
$ 334.93 - 340.33 would be first target for bounce.
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Look for a break and retest which would target $340.
Rejection could drop it to Double Golden fibs at $280.
$ 314.05 - 316.37 is the immediate resistance.
$ 277.51 - 280.31 is the best guess target below.
$ 334.93 - 340.33 would be first target for bounce.
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Trade active
Ready to Go?(yellow shaded area is from posting time)
..
Closer look with notes:
WE got the dip almost exactly as projected (red path)
The major support (double golden) held nicely.
Took a small long at the support zone for 12% gains
.
Looks like we have a Break-n-Retest of zone above.
Lets see what next week brings, expecting a dip.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.