The Broken Wing Butterfly below targets for 55, the QIHU short target.
Showing posts with label QIHU. Show all posts
Showing posts with label QIHU. Show all posts
Thursday, April 30, 2015
Friday, October 25, 2013
2013/10/25 QIHU setup - found support at 85 Fibonacci Cluster, now heading for 100
After a corrective move, QIHU has found support at the Fibonacci Cluster around 85. Now it's heading higher with the master trend aiming for the 127.2% extension target of 100. The TTM_Squeeze has also fired long and its increasing squeeze-momentum (light blue bars) are supporting the idea of further upside potential. It's all setting up nicely for a good Risk/Reward trade.
Extension target 127.2%: 100
Extension target 161.8%: 104
Support cluster (stop): 84 - 85
Subscribe to:
Posts (Atom)