The Long Investor
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🕑 Added 2025-03-13 16:37:40 +0000 UTCAnother stock that went parabolic and hit its 4.618 Fib in Feb and was met with a very rude awakening and has collapsed since.
Price is just at the 0.5 Fib right now at $266 but the very obvious confluence level is at the 0.618 Fib again at the 200 Day MA at $205.
Another example that parabolic moves, particularly up to their 4.618 Fib is a red flag and must be avoided at all costs.
