PLTR eyes on $84.69 (again): Golden Genesis fib and a MUST HOLD

4 Mac

Here we are again at a Golden Genesis fib, strongest of all fibs.
"Golden" as in an exponent/multiple of .618, the Golden Ratio.
"Genesis'" as in the primary wave of this asset's growth pattern.

A retest was expected but bulls needed it to happen much sooner.
The high altitude drop has pierced the fib instead of a clean bounce.
Bulls need to "orbit" this fib and then attempt to slingshot Northward.



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Previous post calling the last pullback:

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10 Mac

Dagangan aktif

Dip Done?

Just hit sister Genesis fib below, at $77.59

.

Zoom IN (M15)

We had many Pings (exact hits) on the Golden above,
Now a clear Ping on the sister fib below at $77.59.
Will it hold? No idea. But it has a non-zero chance.

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26 Mac

Dagangan ditutup: sasaran tercapai

Houston, Eagle has landed!

Booking some of the 30% gains here,
let the rest ride with a trailing stop.

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Trailing stop on remaining position,

just below the Golden Genesis.

.

That might have been THE bottom.
But I am suspicious of a bull trap or "wave B.
Enjoy the gains and see if the stop gets us more.

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