Ready for Dollar Land - Take off ahead !

Updated
This was a very nice start to 2021 with VSBY. The last Fibonacci is fulfilled exactly. How will it go on now ? As can be seen on the chart, we are in an expected retracement move of the new Fibonacci. Point C is not yet found, but should be above the SL. I would not be surprised if the retracement is already completed on Monday / Tuesday. This would also fit very well with the expected news for January.

  • Deal signing with ABI
  • "Big" deal with a US retailer
  • Intel-Vsblty product announcement and commercialization


Oh, I almost forgot to mention that. We're coming to Dollar Land now, and that's where it's going to get really exciting. 2021 will be really good with VSBY. Stay tuned!

BC= Retracement (Point C is not yet found)
CD= Push
D = Next expected target

In this sense - good luck to all of you!
mophi

And please remember. Act according to your own plan. These are ideas to the best of my knowledge and belief. Nevertheless think twice and then act on your own responsibility. The ideas are a purely personal interpretation. They are not guarantees, investment recommendations or an invitation to act on them.
Note
Reversal....

snapshot
Note
Point C stands out .... :-)

snapshot
Note
Volume Distribution within the retracement.

snapshot
Note
Cup & Handle .... It took longer than expected but overall it looks good.

snapshot
Note
Volumen distribution so far.....

snapshot
Trade closed: target reached
Even though it took a very long time and the technical analysis was broken in the meantime, we reached the target exactly.
FibonacciTrend Lines

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