chart discussion, page-182

PSF Retrace

If you look back over the retraces of all the stocks comparable before their second leg-up, you will see their either 50%, or 38.2% Fibonacci zone: AZK/BRN; POK/BUD; AZK/BRN; RAP; RYG (all posted on first page of this chart discussion by Dr. Suess).

Yesterday, PSF retraced and stopped into the 50% zone, .0285, where there is good support.

As such, I am banking on it to commence the second phase of it's journey. See associated charts and standard Fib model.

Good luck.