We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
$MF got chopped out once in earlier in december.
current price action remains constructive and tight (volatility on ATR contunue to tread lower),along with a longer term cup and handle pattern. looking to challenge AVWAP low again ($4.50)