The Long Investor
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$SG
🕑 Added 2025-03-06 12:16:13 +0000 UTCContinues to hold on the 0.618 Fib at $20.93, even with the rollercoaster 5 days of trading we have had, earnings are now out of the way too and the pull back from $45 to $21 could be factored into the share price now.
As long as the price holds above the 0.618 fib at $20.93 then a reversal can come next, as the 0.618 Fib is the standard support level for a Wave 2 pull back.
A move back to the blue line at $39 is therefore next.
Losing the $21 level and the next support level is at the 0.78 Fib at $14.33
Comments
DiegoTheSabre17
This is starting to get interesting
