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aschodrof32
Mar 24, 2020 2:36 AM

PLNT Fibonacci Retracement 

Planet Fitness, Inc.NYSE

Description

Brief Analysis on PLNT. Assuming it had already reached a SIGNIFICANT LOW, the 23.6% resistance line at $38.92 looks to be the next stop. If it breaks through that first resistance, it is headed to the high forties, however, if it fails to break the resistance assume a fallback to the high/mid 20's.
Comments
lapoochi
A V shape recovery seems to be in the works for stocks across the board right now. I'm just sitting here waiving goodbye to the boat that has seemed to sail away...
aschodrof32
@lapoochi, I missed out on this too, I still see a correction next week
Stock_Holiday86
@lapoochi, I don’t think the selling is over just yet.
aschodrof32
@Stock_Holiday86, next week will present another buying opportunity
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