Solid resistance and rejection at the 3.618 Fib and there should be no surprise here to see this still moving very well
We can see that the white fib levels for a pull back align very well with the moving averages, with the 0.5 Fib the area of interest as the 50 Day MA is about to cross the 200 Day MA for a Golden cross and make its way to the 0.5 Fib to $323
Price has rejected from $422 to $385, so good start but we want it to keep moving down now over the next few weeks.
Juan Bautista
2024-12-13 20:06:13 +0000 UTC