M Pattern2 touches to the 1.113 and at a support level today once again.
A Pocket Pivot (smart money footprint) noted at the 1.113. Nice to see a PP but these can fail to provide support as smart money is not always right and another firm/rich guy with bigger feet may sell a butt load of shares the same day or the next. (o:
There is an old gap not far below price (look to the far left) that could fill or provide support.
Strong stock but I am possibly overly cautious/concerned that the 1.113 may fail so I am watching this. Leg 2 terminated at the .786 or close to it which fills the bill for a butterfly pattern that would dip in to the old gap up and should terminate near the 1.272. Peak 2 is lower than peak 1 in the crooked M pattern.
Patterns have been failing as of late so I do not count on anything as of late except take a profit faster than I used to.
I will revisit this.
No recommendation
