Looks like a decent spot to go long here with a tight stop.
Enter $85
Stop Loss $74
TP1 $124
TP2 $169
Pros
RSI Oversold
Bollinger Band Oversold
Fibonacci Golden Pocket means good spot for reversal
200 week moving average can act as support
Cons
Tariffs
Large Head & Shoulders pattern with neckline broken
Unknowns
Earnings on Thursday 2/6
Enter $85
Stop Loss $74
TP1 $124
TP2 $169
Pros
RSI Oversold
Bollinger Band Oversold
Fibonacci Golden Pocket means good spot for reversal
200 week moving average can act as support
Cons
Tariffs
Large Head & Shoulders pattern with neckline broken
Unknowns
Earnings on Thursday 2/6
交易進行
Correction: Entered at $87
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