Quick post to show the importance of $2.65/66 price point. It is a confluence of three fibs from different . It is by far the strongest support anywhere near this area.
Bulls already it once, best NOT to test it again. Each time a support/resistance is tested, it gets a little weaker. It would be ideal to preserve remaining fuel for retrace later.
Previous LINK analysis: (still in play) (still in play) (perfect Ping) (not triggered) (perfect exits) (several long entries) (caught exact bottom)
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.