Monthly 2-1-2Up Trigger in Play
This ticker definitely has started its upward momentum and most likely won't come back down far enough for a good entry. However the upside potential is still worth it from here.
Price Targets & Ideal Buy zones
- Price Targets $41.58 $42.36 $43.74
- Ideal Buy Zone
- Monthly Trigger $39.73
- Imbalance $38.24
What if price may not go as low as the monthly .50/.618?
- Price has an huge weekly 2up candle and the retest of that candle is $38.45 anything lower than that put the ticker at risk of a failed 2up on the month
- Price needs to show itself this week and if it goes inside, then we watch for direction. So its pretty safe to buy at the buy zone with time and wait.