S32 Long Prediction
2.10 - 2.11 is key area of support.
Already been retested.
Confirmed at the .382 Fibbonaci retracement level
Over the hourly and 4 hourly time frames the 20, 50, 100, 200 ma level acting as a support.
On the daily looks as tho the 20 MA might retest the 200 level.
These are very strong indicators of a strong upward trend occuring.
I believe the price will test the 2.15 at .5 fibbonaci retracement level consolidate and push up towards 2.19 at .618 retracement level.
If the break out past the .618 level is confirmed the 2.35 area looks like an easy target.
These are just some of my thoughts please feel free to comment any idea's.
Already been retested.
Confirmed at the .382 Fibbonaci retracement level
Over the hourly and 4 hourly time frames the 20, 50, 100, 200 ma level acting as a support.
On the daily looks as tho the 20 MA might retest the 200 level.
These are very strong indicators of a strong upward trend occuring.
I believe the price will test the 2.15 at .5 fibbonaci retracement level consolidate and push up towards 2.19 at .618 retracement level.
If the break out past the .618 level is confirmed the 2.35 area looks like an easy target.
These are just some of my thoughts please feel free to comment any idea's.
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