Looks like a .618 Fib was hit from the entire move down. If we look at the fib retracement from the last pivot its been about the .786 but we're using the December low pivot for now. hit the .618 ABC finished (working out the final touches of the 5th wave of C) A non leveraged long would be a good idea here. Im going to consider laddering in with leverage after a little more PA develops. good luck kids.