Using the last high as a fib anchor to the low we have a few data points to consider.
A long period of time with price around the .236 area. If this is validation then targets till end of year for a bull move are in white.
Also, this move is currently at 50% retracement just under $300. The recent pump was just a test of pattern.
However, I will not be surprised to see $200 again given market conditions. I have buy orders there.
A long period of time with price around the .236 area. If this is validation then targets till end of year for a bull move are in white.
Also, this move is currently at 50% retracement just under $300. The recent pump was just a test of pattern.
However, I will not be surprised to see $200 again given market conditions. I have buy orders there.