Retail stocks have been flying to record highs.
DKS is retesting a Major zone as possible support.
Strong bull bounces here, or we risk much deeper.
$ 212.03 - 210.66 is the strongest support for some distance.
$ 238.70 - 242.55 is the nearest significant resistance above.
$ 132.21 - 135.32 is next major support with minors between.
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DKS is retesting a Major zone as possible support.
Strong bull bounces here, or we risk much deeper.
$ 212.03 - 210.66 is the strongest support for some distance.
$ 238.70 - 242.55 is the nearest significant resistance above.
$ 132.21 - 135.32 is next major support with minors between.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
then bounced well even before earnings then report popped it.
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Zoom in (m15)
And that is a Golden Ratio on that series, at $185.53.
The earnings spike took it a sister fib above at $226.14
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So next we can look for 1 of 2 scenarios:
to serious resistance above at $$238.70-242.55,
or down to moderate support at $210.66-212.03.
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