#IBM LASER PARTY!! LONG
Updated
TRY TO EXPLAIN IN THE CHART WHAT I'M LOOKING AT.
FROM THE HIGH AT FEB 5 AND RETRACE LOOKING TO BREAK THE BLUE LINE, ANY REJECTION WILL BRING PRICE TO 114 ( BUY AS MUCH YOU CAN THERE), IF THAT HAPPENS LOOK RE ENTRY ONCE BLUE LINE IS BROKEN.
$131 SOME LEVEL FROM LONG AGO (IMPORTANT)
WHAT I WOULD LIKE TO HAPPEN:
AFTER ENTRY LONG, QUICK POP TO T1, TOUCH RED LINE ABOVE AND T1 BECOMES SUPPORT TO HEAD TO T2.
THE RESISTANCE AT T3 IS MASSIVE, EXPECT TOUCH AN REJECT OR OVER SHOOT AND RETRACE AGAIN, MAYBE RED LINE COMING FROM 20 MAR 20 SO LOOK TO RE ENTRY LONG THERE.
ONCE 175 IS BROKEN WILL SEE UP TARGETS, HAVE FUN!
FROM THE HIGH AT FEB 5 AND RETRACE LOOKING TO BREAK THE BLUE LINE, ANY REJECTION WILL BRING PRICE TO 114 ( BUY AS MUCH YOU CAN THERE), IF THAT HAPPENS LOOK RE ENTRY ONCE BLUE LINE IS BROKEN.
$131 SOME LEVEL FROM LONG AGO (IMPORTANT)
WHAT I WOULD LIKE TO HAPPEN:
AFTER ENTRY LONG, QUICK POP TO T1, TOUCH RED LINE ABOVE AND T1 BECOMES SUPPORT TO HEAD TO T2.
THE RESISTANCE AT T3 IS MASSIVE, EXPECT TOUCH AN REJECT OR OVER SHOOT AND RETRACE AGAIN, MAYBE RED LINE COMING FROM 20 MAR 20 SO LOOK TO RE ENTRY LONG THERE.
ONCE 175 IS BROKEN WILL SEE UP TARGETS, HAVE FUN!
Trade active
On Thursday 8 /10 entry and T long 1 reached ( early that morning) since then retrace, now10/16 looking bullish still. once red line LE RESISTENCE is broken with a big GREEN candle, maybe with a base in the PURPLE line see you at T3. BUT if the red line from march 23 is broken, we wait and wait. On Top of chart can READ multiple down trend resistance, those are important I would like to see that once T3 is reached, retrace to that last RED LINE to be a base and fly again!
Ok, have a great weekend!
Note
ouch!
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