FORD eyes on $12.96 into Earnings: Major fib to determine trend
Updated
Big F currently at a Genesis fib at $12.96
This fib has shown itself to the market.
Even the fib-blind are watching this level.
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This fib has shown itself to the market.
Even the fib-blind are watching this level.
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Note
Time of post is BEFORE earnings release,chart will not advance until tomorrow.
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Note
Earnings report knocked it down Zoom in (m15) with notes about fibs:
We have two high timeframe fib sets in play:
1) Genesis fibs (wave since birth)
2) Covid stimulus (from Covid bottom)
.
Adding a fib to the dip (blue stripe)
Indicates this wave might be done,
so perhaps a bounce next session.
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SUMMARY:
- Earnings knocked it down.
- First dip wave might be done.
- Next market session will be key.
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