Case 49 #SouthernCompany
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
#SO 1/5
SO 2/5
Monthly Chart: The explosive move higher highlighted. Clone and synthetic trendlines coupled with #Fibs on the last swing higher to calculate resistance points.
SO 3/6
Weekly Chart: #Trendline support on the 2019 parabolic move. The support zones marked out in yellow.
SO 4/5
Weekly Chart: Multiple #strategies printed on the image.
Going with the trend is the safest plan.
5/5