"Wish you all a very happy and prosperous new year"
Just trade safe and stay healthy.
Regards Bravetotrade
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Here's the bigger picture.
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The stock pulled back the specified support zone as per expectations and is heading for the first Target 768.
Trade closed: target reached
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Target 1 hit Trailing stop for partial position will be 763.
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Full profit will be booked at 790 and I ll look for short opportunity near this level.
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Stock today made a high of 787.75, just 2 points short of my final target, and showed weakness which may be due to overall market. Although I ll consider shorting if and only if the PRZ is fully tested (which ll be a separate trade), yet I think the strongest legs of this upmove are done.
I ll close my remaining position tomorrow either at 780-781 in case of morning pullback, or below today's low 774.