Big F currently at a Genesis fib at $12.96 This fib has shown itself to the market. Even the fib-blind are watching this level.
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Not
Time of post is BEFORE earnings release, chart will not advance until tomorrow.
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Not
Earnings report knocked it down
Zoom in (m15) with notes about fibs: We have two high timeframe fib sets in play: 1) Genesis fibs (wave since birth) 2) Covid stimulus (from Covid bottom)
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Adding a fib to the dip (blue stripe) Indicates this wave might be done, so perhaps a bounce next session.
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SUMMARY: - Earnings knocked it down. - First dip wave might be done. - Next market session will be key.
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