Alert set @$77.38 for Fib GP break Stock back inside the 2024 Candle Downtrend Break
Savage selloff taking a break - Downtrend Break - Backtest would be Bullish - Value Area Low Resistance - Bullish Divergence - Sector has relative strength
For many days this All Time High 0.5 Retrace has tortured the Bulls. PAYTIENCE required until broken, or trade the range.
- Wedge Break - D50sma break - D8&21ema reclaim - $91.00 key lOI for push to the GP
- ATH Fib GP Break - 3 Bar Pattern - $62.00 Key Trigger - $63.20 / $65.00 / $66.00 LOI's above
Stock had been forming a Broadening wedge for the last week which finally broke yesterday and in doing so, the stock also breached the rising Wedge Trendline. Bulls need to break 2 Key Levels = - IPO high $69.50 - Psych $70.00 Key Pullback LOI $67.47 = Major 0382 Fib
Super reversal off the Channel Two Golden Pockets now in play as resistance, In confluence with the VAH On breakout/rejection watch today . $42.40 Key
All-time High Fib GP test All-time High Downtrend Test Levels of interest as per chart.
Major historical and psychological level will be tested soon Wedge Breakout Alert set at $100.00
Major Downtrend Break today Daily Golden Cross Range Fib 0.382 Test Bullish Divergences
Trades in Asia and US markets Bullish Relative Strength for some time versus $WKEB AMEX:CWEB Major Fib GP resistance and Alert level for potential Range Breakout.
Nice move post earnings this morning, but it has now stalled and hit a strong resistance cluster= = 2009 Fib GP = Range VAH = 2021 Low
After a almost perfect back-test at $31.78 the 2021 & 2024 Highs are very close NASDAQ:CRWD leading the way with a ATH today while laggards like NYSE:S are trying to break from its base.
Price is testing the top of the post earnings range, which is defended by the GP, above which the Gap Pivot is key for continuation.
Major test coming at cluster -Cup & Handle Neckline -Wedge Trendline -0.382 Fib