Thanks for the comments/reply.
From the fibonacci point of checks, the bounces were failing on 50~61.8% retracements for last 3 weeks. Typically these rejections are accompanied price ranges inside a regression channel, which is bearish. Very few stock computer trading algorithms follow the Harmonics. Though it is nice to check support/resistances, i do not prefer Harmonics to select entry/exit points for individual stocks. Experts suggest that it is hard to predict these retracement legs inside a harmonic pattern. Prefer only buy/sell after completion of the pattern. Good Luck to you !