CIEN coming back ferociously from the tariff bottom.
About to break second Major Resistance, one more to go.
Very likely to see a dip from one of these major zones.
$71.88-72.53 is the immediate resistance breaking
$75.93-76.30 is the next resistance to try shorting.
$68.77-69.37 is the first support in case of a dip.
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About to break second Major Resistance, one more to go.
Very likely to see a dip from one of these major zones.
$71.88-72.53 is the immediate resistance breaking
$75.93-76.30 is the next resistance to try shorting.
$68.77-69.37 is the first support in case of a dip.
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Trade active
Houston: We have IGNITION(yellow shaded area is from posting time)
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Closer look with notes:
Tried a break out entry that failed for small loss.
Got a Bull Ping on fib at $71.88, entered on break.
Closed 25% at TP1 for 4% gain, covering the loss.
Closed another 25% at TP2 for 11% gain on trade.
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What next?
Looking for TP3 at $86.56 and TP4 at $88.48
Will close 25% at each if we can get to them.
Trailing stop now, keep it one fib behind the price.
.
See if we can hit the next two TP's before hitting SL.
Nice gains already, a little more even if SL is hit .
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Trade closed: target reached
BOOM - Final Target HIT Per last update, we were looking for Golden Genesis at $68.48
Earnings spike hit our target (lmite sells) and collapsed.
.
Another trade closed with PERFECT Entry and Exit.
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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.