Intuit Inc.
Updated

INTU watch $607-610: Double Golden zone and Major Milestone

120
INTU recovering nicely and is pretty much tariff-proof.
Currently testing a Double Golden zone $ 606.75-610.16
This if often a major milestone in the lifetime of any asset.

Trade active
Houston: We have IGNITION
snapshot
(yellow shaded area is from posting time)

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Closer look with notes:
snapshot
Got a PING entry on our Double Golden zone.
"Ping" from "give me a ping Vasilly, One Ping Only"
Hit first 2 TP's for 9% and 14% gains so far.

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What next?
snapshot
3rd TP will be at major zone into $740.
Will close another 25% and trail stops.
Just had good earnings, so should continue.

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Trade closed: target reached
BOOM! 3rd TP hit
snapshot
Closed another 25% of position for 21% gains.
Letting 25% ride with trailing stop if runs.

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Zoom in (m1)
snapshot
That is a PING on the Covid fib at $740.67
Above that is a Genesis fib (stronger) at $749.45
Thus a good spot to close another 25% of trade.

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Consider this trade Idea CLOSED,
even though a little bit still running.
Will look for new opportunity and post.

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