somethingsomethingg

somethingsomethingg

.786 fibonacci retrace was 18.07. Measured move from previous range extremes , wick low to wick high (orange slant) brings a confluence with 1.618 Fibonacci extension level as a target based on previous bull market top around $38-40. Stop loss could be just below 200sma (blue curvy line).

somethingsomethingg

Earnings Monday Feb 5 after hours while high time frame RSI, macd, and stoch RSI are already oversold. Took 96 days to reach extension in 2023. Measured move back to $24 by mid April/early May.