GT crashed into a MAJOR support: Cars still need Tires, right ??

Plotted here are two different Fib series.
Thick lines are of its "Genesis" (birth) fib.
Thin lines are the "Covid Stimulus" wave.

Confluence zones of the fibs are of great interest.
Pings (exact ricochets) confirm the fibs' relevance.
Pings on subsequently higher fibs a good bull sign.

I do NOT research the companies, I just plot the charts.
Maybe there was a REASON for crash and it will continue?
But if there is a "bottom" anywhere near here, THIS Is it.

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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess

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