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R L's avatar

The breakout above 825.91 with that monthly marubozu really does signal strong institutional conviction, especially given the earnings beat that exceeded expectations by over 20%. The confluence of technical expansion and fundamental momentum from the metabolic franchise creates a compeling setup. If we hold above that 802.83 weekly support, those higher Fibonacci targets toward 960 and beyond look increasingly achievable. The weekly trigger formation adds solid confrmation to the long bias.

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Peter Papp's avatar

Thanks for your contribution!

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Robots and Chips's avatar

The monthly marubozu close above that 825.91 breakdown level is textbook confirmation of trend reversal. Those Fibonacci projections align nicely with the fundmentals too since the metabolic franchise is printing numbers that justify this kind of structural expansion. The weekly trigger formation at the prior breakdown makes this setup particularly clean from a risk management perspective. Watching closely to see if we get sustained momentum through that 862.86 resistance.

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Peter Papp's avatar

Yes, this is my favorite too, everything looks perfect. There is no 100% on the markets, though😊

Thanks for sharing your thoughts!

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