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

4 Mar

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:

============================================================================

10 Mar

İşlem 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.

============================================================================

.

26 Mar

İşlem kapandı: hedefe ulaştı

Houston, Eagle has landed!

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

.

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.

============================================================================