Monthly 2-1-2d Trigger in Play
This ticker is in a Reversal pattern at the top of Quarterly BF and has triggered the 2 down on the month.
Price Targets & Ideal Buy zones
- Price Targets $406.02 $398.00
- Longer term target is $380.90 however this target is the area you look to potentially start to play to the upside.
- Ideal Buy Zone is $429.70 $434.68
- If ideal Buy zone is not giving then look for a weekly trigger hold under $421.61
- Price Targets $406.02 $393.79
Invalidation if play breaks last months high
The blue & purple fib levels are the 3month and 6month retest areas. The monthly is pushing price into those retest areas, so it is important to take profit. More details to come on recap of this ticker!
MID MONTH UPDATE
DE tested the monthly ideal buy zone and now has hit price target 1
