ELON a Buy @ 1300 matches Fibs

3 Nov 2021

Healthy dip, liquidating leveraged longs, ELON couldn't break up, so it broke down profit taking and too many longs. Retrace to a perfect touch of middle Bollinger Band on the 12 hour, Zoon out and chart looks healthy. Could hit the blue box teritory, of 1300 for a re-entry. black Fib is bearish retrace, Blue Fib Fib Extension. Both match the 1.618 and 61.8 and VPBR has volume there, then J curve up to 4.618. Needs to hold upper half of bollinger bands or will test bottom band in the future.