PLTR eyes on $84.69 (again): Golden Genesis fib and a MUST HOLD
457
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.
============================================================================= Previous post calling the last pullback:
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.