The Long Investor
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$OSCR TOP 10
🕑 Added 2025-04-09 12:10:48 +0000 UTCThe bottom of the wedge is under threat now as the market sell off intensifies.
Just to make sure everyone is in the loop, here is the chart again.
Wedge bottom line is at: $11.40
The 200 WMA is at $10.80
And
The Standard pull back level on the 0.618 Fib is at $10.29.
Three important support levels, a hold on either level will encourage me to add one more time.
Comments
Lewis
Cap, I trust the process and the theory - what I don’t understand is relevance to such turmoil. When we’re in between fibs, waiting for support and someone can send a tweet that sticks 10% on the SPY - surely we’re playing by no rules at all
Sid
Thank you for the update, CAP!!!❤️❤️❤️❤️
Dante
Cap can I ask you to confirm i ask chat GTP: Most common Fibonacci retracement levels in a correction in wave C: 0.382 (38.2%) shallower, but possible correction 0.500 (50%) average depth of retracement 0.618 (61.8%) - most common deep correction level In wave C the stock most often falls to Fibonacci 0.618!
