CRSR uptrend post earnings trend possibilities

High Trend (Top Red)
- Time frame targets are based on the back tested progression decay from previous High-to Low-to High moves.
- The high trend line price targets are based on a progression of Fib Extensions back tested by previous moves.

Mid level (Yellow)
- Time frame targets are based on the crossing of progressive Fib Extensions and the uptrend resistance line
- Price targets are also based off of standard Fib Extensions of previous trend.

Caution Lines (Orange Lines)
- Projections of possible lower resistance than expected by High Trend line
- Prices are based on 1.272 fib extension levels

Dip Buy Zone (Green)
-Buy zones are supported by the bask tested ascending support line of the current up trend.

Gap Down (Dotted Red)
- The area between the two dotted lines indicate a possible gap down into down trend

**If there is a trend cross down it can be assumed that the lower support will be tested once the mid-level is confirmed as a resistance
**If there is a trend cross up it can be assumed that the upper resistance will be tested once mid-level trend line is confirmed as support

Komentar:

Channeled down to successfully test $40 demand today.

$43.15-$43.31 supply level is a key break in the short term trend. Failing at this level would indicate a need to reacquire demand at the $39 mark

Trade aktif:

Trade aktif:

approaching entry of yellow line entry

Komentar:

Considering this, in my opinion we see $53 or $32 by the time march expiration rolls around based off the response of that dotted green line.