Daily Yesterday 3 points where price stalled as they were...

Daily

Yesterday 3 points where price stalled as they were support and resistance points.
Price has broken the 195ema and often this will be re tested in time, stochastics need to keep going up to achieve the under side of 195ema.
Personally I think way overdone on hype and would noramlly look to enter but higher swing bottom for me first



When things go pear shaped on a stock, zoom out and look at the bigger picture. I have placed the fibs over the chart and a green area of price vibration. Current speed angle has completed but be wary of momentum . Note the 50% is at 785 and needs to be re captured smartly.


3rd chart is weekly showing definitive break of support and showing 2 support and resistance lines


It may be of no consolation for some, however when in these positions treat your position as now and not what has happened. Right now price is 710 and focus your strategy around that not where you got in.

Best Wishes and I hope it helps

Regards
Rob