That 1st Fibonacci level from the peak of wave 1 is the first Target Price indicated by the horizontal line. We are just beginning the long 3rd wave. Time to get in!
Any update from yesterday fall? Is it still valid?
xstreamSTL
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@HannahN1512, No, it is not valid anymore. It appears that we are looking for a new wave 2 bottom.
HannahN1512
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@xstreamSTL, Thank you, where do you think the good entry for a long term holding? 13s?
xstreamSTL
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@HannahN1512, I am going to do some analysis over the weekend, then post my results here. The general market is not in a good place recently, so I would hold off for now.
HannahN1512
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@xstreamSTL, Thank you, please post when you think it gets to a bottom
xstreamSTL
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@HannahN1512, not only that but when it is showing potential to move back up. I have indicators I look at for that important situation.
xstreamSTL
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@HannahN1512, You may want to get in at around $16.55, will be a breakout past resistance, since the feds made their rate hike adjustment announcement which is rocking (in a good way) the DOW and NASDAQ. QS has been trending up since their earnings report day of Apr. 26th.