Pretty new to this and wanted to get some input from others. It looks like we might be seeing the bottom of the fib entrancement. If so, it looks like it wold start to climb again from here. If it drops much lower, that trend looks to have broken and it will fall lower before retracing. Curious if anyone else is seeing the same.
Comment:
Dropped through .382 and .236 level and looks to have bounced on .14. Hopefully that will hold. If so, based on my fib chart, we should see it return to just under $38.00 again, possibly as high as just under $41. Of course, that assumes that my fib chart is valid. So far, it seems to work out the vast majority of the time.