Basically what i am showing here is that based on the past ranges that now the stock has moved to the 150% fib levels, This is a strong level and as we can see the stock could not close above this level. It is interesting to note the gap it left on this move up as well which could maybe form an island reversal. I am not short on this stock and have been stopped on it about a week or 2 ago when i held a short over night doh!!
Excellent profits for those long and i commend you on that trade i certainly wish i even had 100 shares long!! Will be watching more for the interest of seeing if this pattern will play out. I might try a few other gann things with it if i get some more time :)
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