TMUS eyes on $248: Key Support for next leg of Recovery Wave TMTMUS has got trashed on last Earnings Report.
Recovery wave is dancing on a support zone.
Good spot for longs with Stop loss just below.
$ 247.73-248.13 is the exact zone of interest.
$ 243.99 below will be first support if dips.
$ 265.63-266.41 will be major target above.
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Goldenratio
SCHW heads up into $83: major resistance that could mark a TOP?SCHW has been rising with the financials tide after Trump win.
Now testing a major resistance of Golden Genesis + Covid fib.
Looking for a pullback or Break-and-Retest for the next move.
$ 82.54 - 83.55 is the exact zone of interest.
$ 75.74 - 76.03 below is the first strong support.
$ 95.42 - 95.72 is the next major resistance above.
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NVDA eyes on $105: Support for one last DIP before new highs?Followup to my warning about $113.56 (click)
NVDA back to the Golden Genesis Fib, a major landmark.
If we are to see one more dip from here, look for $105.08
If we continue then lookout for the Golden Covid at $122.25
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Big picture view showing the $113.56 Golden Genesis
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NVDA watch $113.56: Golden Genesis fib and Most Important level NVDA has come back to its "Golden Genesis" fib.
We had a high apogee orbit and have returned.
What happens here will determine the trend.
It is PROBABLE that we orbit this a few times.
It is POSSIBLE that we reject to the fib below.
It is PLAUSIBLE that we break to next fib above.
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GAP eyes on $22.xx: Proven Resistance zone could End BounceGAP struggling to recover from the tariff tantrum.
It has bounced back to the pre-tariff price level.
This would be a good spot of bears to step in heavy.
$ 22.21-22.31 is the current and previous resistance.
$ 23.21-23.45 is next resistance for back up or stop loss.
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XAU.usd watch the 22's: 3,322 then 3,222 likely targets for dip Gold may have topped, unless bulls can hold $3,322.95
Looking for minimum first Target zone $3258.64-3259.57
After a bounce we may see another leg down to $3222.15
It topped "for good" then we will quickly hit major support $3062.69-3082.58
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Previous Analysis that caught the last Bounce at $2,964 EXACTLY:
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LULU watch $268: Double Golden fibs to end bounce or Bottom IN? LULU bounced a bit into a tight confluence of Golden's.
Golden Genesis at $267.70 and Golden Covid at $268.74.
These mark a major landmark in the lifetime of any asset.
Rejection here would point to lower lows.
Break and Retest would be long entry signal.
Likely is an "orbit" of these before any move.
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