$ABNB is now dropping down in 5 waves after completing Wave C at $166, the $100 target is now firmly in $ABNB sights on the 0.78 Fib
We are seeing a lot of stocks drop down to their 0.78 Fib right now
We know the 0.618 Fib is the standard pull back Fib level, so any drop below this level is certainly weakness.
We are starting to see a lot of good companies going into overvalued prices now.
I believe we will be spoilt for choice soon for options to buy when the market correction completes.
SM
2025-04-04 13:22:40 +0000 UTC