We may well be at "a top" here in the $260's. Expecting a pullback form here or close by. Marked in green are some dip buying opps.
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Plotted are THREE different Fib Extension series from different time frames.
1) The "Genesis Fib" that started at $0.86
2) The "Covid Recovery" wave from $45.19
3) The "August Tech Bottom" from $ 187.63
All 3 fibs and their "Interference Pattern" in near term
Lastly a look at target zones above
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I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts: Chapter 1: Chapter 2: Chapter 3: Chapter 4: Chapter 5: Chapter 6: Chapter 7: