TDA, I use Fib levels based on old peak and trough (ie 10 months back or so where there is a decent top) and then I also use fib levels based on CURRENT move.
The old Levels are (o.33, .385, .405 (last 2 are close together so I consider these major resistance), .445, .505)
I have fib ext dats with a reasonable fit having around mid this coming weak for the next impulse move)
The current flag pole started at 0.265 and peaked at 0.385 which give a total hight of 1.2. assuming the current flag bottom of 0.35 holds then the next top is 0.35 plus 1.2 = 0.47. (o.48 is close enough)
O.47 and 0.49 are two fib extension levels (not mentioned above) based on the most recent run up.
A PE currently at about 7 give a reasonable up side to get to PE of about 9 of some. Thats 35 %
0.35 to 0.48 gives also 37 %
Funny that !.
U r correct I do have a car to repair but guess who is paying ? Me son will pay LOL
TDA, I use Fib levels based on old peak and trough (ie 10 months...
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