Based on the Fibonacci trend line and the historic Volkswagen short squeeze. Not saying that it might be an exact replica of the Volkwagen case study. Given a large number of retail investors not willing to sell the stocks thereby limiting the liquidity of the stocks.
Also with this GME saga being gaining more attention with more investors in the market as...
Analysis did base on the Fibonacci trend retracement. The optimistic case we might see the bottom. The worse case might drop 1.5-2 points more before looking for a 5 points recovery.
Be prepared. The recent rally might come to a surprising halt when the Fed starts cracking down the market. Given the overall market being red for consecutive days.
Sell off might occur on most shares, BB no less. Im not saying it will happen just be prepared.
Given the recent rally of RLTR is based on the PLTR DAY as well as the short squeeze frenzy from GME and other "meme" stocks.
Using the fibonacci retracement graph I have correctly predicted the price drop back in Dec. Similarly there will no particular news regarding the share price increment.
I have therefore predicted that the recent rally will lead to a...
Based on Fibonacci retracement. One of the well known used indicator to determine the rich money movements.
Highly likely to short by fund manager to 19k range before it will look to have any recovery.
