Theta Fibonacci Retracement
Theta has had a nice run up due to rumors with a huge parntership like Netflix, Youtube or Hulu. My best guess is that the top of the move is at 45 cents.
It would be wise to take some profits and focus on buying back Theta by laddering in at 0,618 Fib level (1st ladder in) and 0,768 Fib (2nd ladder in) and 1,618 Fib extension just in case there is a deep retracement
It would be wise to take some profits and focus on buying back Theta by laddering in at 0,618 Fib level (1st ladder in) and 0,768 Fib (2nd ladder in) and 1,618 Fib extension just in case there is a deep retracement
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