SOL had a decent move this weekend overcoming descending resistance and now testing as support.
Price appears to have a completed a wave (2) at the .618 Fibonacci retracement and S1 daily pivot and a larger degree wave 2 at the channel bottom, High Volume Node support and .618 Fibonacci retracement.
If a wave (3) of 3 is underway then we should expect a strong move sooner rather than later with an initial target of the swing high resistance a/ R2 daily pivot $208-$216 range
Safe trading.
Price appears to have a completed a wave (2) at the .618 Fibonacci retracement and S1 daily pivot and a larger degree wave 2 at the channel bottom, High Volume Node support and .618 Fibonacci retracement.
If a wave (3) of 3 is underway then we should expect a strong move sooner rather than later with an initial target of the swing high resistance a/ R2 daily pivot $208-$216 range
Safe trading.
MSc Financial Econ
PhD Candidate: Investing & Social Mood
Tech Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: maddoxmetrics.substack.com
Members Only Signals: dailytechnicalanalysisupdates.substack.com
PhD Candidate: Investing & Social Mood
Tech Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: maddoxmetrics.substack.com
Members Only Signals: dailytechnicalanalysisupdates.substack.com
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.
MSc Financial Econ
PhD Candidate: Investing & Social Mood
Tech Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: maddoxmetrics.substack.com
Members Only Signals: dailytechnicalanalysisupdates.substack.com
PhD Candidate: Investing & Social Mood
Tech Analyst 7 years
Trader / Investor 14 years
Free DeTrended Metrics Report: maddoxmetrics.substack.com
Members Only Signals: dailytechnicalanalysisupdates.substack.com
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.