My levels: 72.10 & 71.20
Why: Monthly pivot, 50D, previous low
Notes: this stock closed weak today, this level might be too close. I wanna watch these levels tomorrow to see what it does. I personally think this is oversold and think it has potential for a really strong bounce.
My level: 44.25
Why: 200D, prior monthly pivot
Notes: Numbers seem okay and there is a nice retrace. Don’t make assumptions when numbers come out, because there’s opportunity for us.
My level: 101.80
Why: Previous low, 50D
Notes: Holding the 50D, nice pullback to the previous day’s low and the 50D. If it tests this level it could be a $2-3 trade.
My level: 22.25
Why: Prior low, 50D
Notes: Nice retrace after the big move up, retraced about ½ of the move. Could be a good bounce if it gets to the Prior low and 50D.
My level: 48.30
Why: Previous day’s low, 200D
Notes: Making higher lows on the daily, holding a trend line, looking for a clear on the 48.50 area for a next leg up.
My level: 53.30
Why: G2C, Previous day’s high
Notes: Plenty of room to push back up, want a quick dip in the morning. For now I’m looking at the previous close but it might change in the morning once I draw a fib.
My level: 141.50
Why: Between 2 pivots, due for a retrace from the gap
Notes: Between 2 pivots, nice retrace from the move it’s making on the big gap. I’ll draw a fib in the morning and see where it’s at in relation to this nice pocket.
My level: 35.90
Why: 200D, monthly pivot, prior support
Notes: Prior support equals new resistance, I know it’s making higher lows on the daily, but it’s pushing into nice resistance levels. I’ve been watching it at those resistance levels
