Retest of fib should give a strong indicator for the near term

PLBY Group, Inc.NASDAQ

Description

⋅ May 19, 2021 3:44 AM

PLBY is looking to retest 0.38 retracement with MACD starting to reverse trend. Bouncing off signals a possible second run (elliot wave 3?), failing it makes it look like head and shoulder pattern.