NASDAQ on a bull run

I'm looking at cypher pattern playing out on NASDAQ, with first target $58.7 and second target $60.7. We have broken resistance at $54.5 and this looks pretty much on!

Catatan

Great start with earnings gap. Looking at fair value gaps, I think the first target was set a bit high, and should have been 58, which we already hit. Expect a pull back to , and second leg up. Second target @ $61.

Catatan

We got support today at 54 area, so I think this idea is going per plan so far. Target $61.

ositrades

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