EuroMotif

SMCI eyes on 1152: Golden Genesis fib and Sister of last support

EuroMotif Mod מעודכן   
BATS:SMCI   Super Micro Computer, Inc.
SMCI hitting next Golden Genesis fib at $ 1152.72.
Last strong bounce was Sister Golden at $ 713.83.
Expecting reaction here, like Sisters paying catch.
הערה:
Triple Top EXACTLY on our fib?
This could well be "A" top if not "the" top.

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עסקה פעילה:
Attention Passengers: the Captain has turned on the seatbelts light
Please buckle up as we drop thru some turbulence.

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Zoom IN (m1)
now watching $933.27 for support,
and a couple of resistance zones above.

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הערה:
Decent little bounce under way

Quick Elliott Wave guess might look like:

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Zoom IN (M15) and adding a fib of last wave down:
$ 985.11-988.47 the Immediate resistance zone to watch.
Break above might invalidate the EW count....

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הערה:
Pull back continues, testing a minor support
$881.42 is a Minor fib ratio,
$827.46 a Semi-Major (stronger)
$713.83 is Major (golden srongest)

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Zoom in (m5)
Pings on the Genesis fibs (thick lines) confirm the entire series to be relevant.

So we an expect a bit of a bounce here,
but still looking lower for final targets,
need to see/fib the wave as it develops.

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הערה:
Bounce where expected

Only to crash soon after
Thanks to Middle East conflict, whole market is down today, a Friday.

So lets see what Monday looks like,
maybe bulls can regain this support.

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הערה:
Back to the Scene of the Crime
Back to our Golden fib where this last leg started.

It was pierced, so not confident it will hold....

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הערה:
Quick update at Earnings Report.
Zoomed way in to 15 second candles:
Quick proof that all of our fibs are still good.

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No idea what to expect next, just a quick "check this out". :)
Will do some measurements soon to look for any new clues.

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הערה:
quick update on m15:
Between the proverbial "Rock and a Hard Place"

Looking for break to either side for next leg.

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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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