NVRO STOCK: ABCD TREND WITH THE LEG "D" DOWN READY TO START

NVRO STOCK HAS A FORMATION OF THREE WICKS AT 93.77-93.83 LEVEL, WHICH MEANS A HIGH POSSIBILITY OF RETRACEMENT. IN ADDITION, AT THE LEVEL OF 93.83 HIT THE TREND LINE. WE HAVE TO WAIT FOR SOME SIGNAL OF REVERSE TO ENTER THE POSITION. THE TARGETS FOR THE LEG "D" ARE WITH FIBONACCI RETRACEMENT T1: 87.11; T2: 82.97; T3: 79.64. THE STOP LOSS IS AT 96.33.

YOU HAVE TO MANAGE THE WAVE DOWN, BECAUSE THAT IS NOT STRAIGHT FORWARD. GOOD LUCK!!!!!


www.tradingview.com/chart/5KQyQRO2/

Yorum:

THE THREE TARGET WERE ACHIVED