EWA TMO can it show suprise near fibo support r will it fall
Tata motors falling down still showing weakness and no sign of strength returning yet.
Trading near Fibo supports of earlier daily swings. 428 is a key fibo to watch failing with 392 is the next fibo support.
EW wave counts shows WIII in progress inside w3 and W III done first 2nd tgt. and retracement now should bring wIV for a quick swing trade for hit n run.
Many fibo confluence point to 428 as a good support any rise from there is nice trade in TMO but better to wait as catching falling knifes is not trading just gambling.
Trading near Fibo supports of earlier daily swings. 428 is a key fibo to watch failing with 392 is the next fibo support.
EW wave counts shows WIII in progress inside w3 and W III done first 2nd tgt. and retracement now should bring wIV for a quick swing trade for hit n run.
Many fibo confluence point to 428 as a good support any rise from there is nice trade in TMO but better to wait as catching falling knifes is not trading just gambling.