John Deere is approaching major resistance, a retest of low's will occur over the next week or so. Strong fundamentals will support price and powerful uptrend will catch shorts off guard. #darktheory
FSY continues on its parabolic decline. This system which should take FSLY to its near term target of $37.00 is part of a larger parabolic decline that will unfold over the coming weeks. Opportunities to the long side will present themselves as the near term parabolic systems are completed.
TRADE TYPE: Simple trade using the concept of parabolic corrections and zigzags. TIMELINE: 1-10 days. Look for double bottom at the end of zigzag to confirm end of correction and reversal to the long side.
