JETS ETF - Robinhood Rally At Risk.

JETS ETF has gapped down and fallen below its upward trendline. Price action is seeking a higher-low level to establish support.

Once the support level has been established, price could then reverse to seek out a lower-high level and establish resistance.


Resistance 3 area: 21.28 to 22.04

Resistance 2 area: 19.14 to 20.15

Resistance 1 area: 17.11 to 18.13


Support 1 area: 15.95 to 15.01

Support 2 area: 14.11 to 13.02

Support 3 area: 12.04 to 11.05

Commento:

First set of Higher-Low and Lower-High prices confirmed.

Trade chiuso: obiettivo raggiunto:

1st set of Support and Resistance targets completed.