MCHP watch $59.xx: Proven Resistance break could POP strongly
MCHP trying to recover along with the Chip sector.
Now testing a well proven resistance $59.10-59.62
Looking for a Break-and-Retest of zone to enter long.
Now testing a well proven resistance $59.10-59.62
Looking for a Break-and-Retest of zone to enter long.
Trade active
Houston: We have IGNITION(yellow shaded area is from posting time)
12% pop already, closed 25% of position here.
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What next?
Looking for next two TPs at 17% and 23% gains.
Stop Loss at Break Even on 75% for now.
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Trade closed: target reached
Wham Bham thankya Mham!All four TP's hit, closed 25% at each target.
Gains of 12%, 17%, 23% and final one 28%.
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Another PERFECT trade given by the Fibs.
It will probably keep going, but I am out.
Will look to enter again on any serious 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
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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.