Over the last two days I have been assessing some stocks on my watch list that look to be setting up in potential retracement patterns. These are the ones that piqued my interest and, with all of them, I’ll be watching for any momentum-based trend line breakout with a view to targeting any push up to near the 61.8% Fibonacci retracement level.
ALQ daily: Target for any bullish-based momentum b/o would be $10.70 as this is near previous S/R and the 61.8% Fibonacci:
APT daily: Target for any bullish-based momentum b/o would be $135 as this is near previous S/R and the 61.8% Fibonacci:
CAR daily: Target for any bullish-based momentum b/o would be $20.50 as this is near previous S/R and the 61.8% Fibonacci:
JIN daily: Target for any bullish-based momentum b/o would be $14.50 as this is near previous S/R and the 61.8% Fibonacci:
NEA daily: Target for any bullish-based momentum b/o would be $2.50 as this is near previous S/R and the 61.8% Fibonacci:
RHP daily: Target for any bullish-based momentum b/o would be $1.85 as this is near previous S/R and the 61.8% Fibonacci:
ZIP daily: Target for any bullish-based momentum b/o would be $11 as this is near previous S/R and the 50% Fibonacci:
SPT daily: Target for any bullish-based momentum b/o would be $1.315 as this is near previous S/R and the 61.8% Fibonacci:
MFG daily: Target for any bullish-based momentum b/o would be $55 as this is near previous S/R and the 61.8% Fibonacci:
SBM daily: Target for any bullish-based momentum b/o would be $3.20 as this is near previous S/R and the 61.8% Fibonacci:
NCM daily: Target for any bullish-based momentum b/o would be $32.50 as this is near previous S/R and the 61.8% Fibonacci:
EVN daily: Target for any bullish-based momentum b/o would be $5.50 as this is near previous S/R and the 61.8% Fibonacci:
KGN daily: Target for any bullish-based momentum b/o would be $18.50 as this is near previous S/R and the 61.8% Fibonacci: