Just look at this, almost identical up and down moves. Always perfectly matched with Fib Retracement levels.
And now 3 things showing the same - that on Monday or Tuesday we should have a strong up move. Even Fib Time Zones (based on two strong up moves) show exactly Tuesday and now we are staying perfectly on Fib Retracement level.
RSI and MACD are cold, so we are ready to go!
Everything perfectly matches and is pointing on the earnings report! Hopefully, this analysis will become the reality next week! Fingers crossed.
And now 3 things showing the same - that on Monday or Tuesday we should have a strong up move. Even Fib Time Zones (based on two strong up moves) show exactly Tuesday and now we are staying perfectly on Fib Retracement level.
RSI and MACD are cold, so we are ready to go!
Everything perfectly matches and is pointing on the earnings report! Hopefully, this analysis will become the reality next week! Fingers crossed.
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DISCLAIMER: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
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Please note that we are at the key level. If NASDAQ continues to drop on Monday or bad market news is released, then we might drop further, unfortunately.
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Unfortunately, poor earnings ruined the bounce back, we'll see now if $45 support is strong enough.
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On the chart, you can see now divergence between volume and price action which may suggest that we've found the bottom. Today is a huge spike of volume. Over 200M which is 1/6 of total public float!!