Well this is an exciting day! Many of us predicted that this Parabolic pattern would repeat itself, and it did! A 47% retracement has been achieved at around 0430 2/23/21 EST. If this pattern continues o hold true there will be one last ripple of upwards volume and then a double bottom. Now, this double bottom will be a range between .35 - .32, with every real possibility that it could go lower than .32 as it did this morning!
As for the next height... that range can be anywhere from .43 - .5, the reason it is so large, is because the drop to .32 was so large and there might be a larger bounce because of it. I think .43 is a very safe short point that could be reached as early as today, or as late as tomorrow. Then the final retracement, at the boarding station with tickets to the MOON!!!