Short squeeze has continued today and we have a high so far at $64.84....and as I right this there is some cooling off.
We have run to the 2.618 Fib at $62 which is certainly extended for a potential Wave 3
I am still of the believe that this is still in Wave 3 but it has gone parabolic now, we will need to see a pull back shortly in 3 waves to confirm that we are in Wave 4 next
Parabolic moves can destroy an impulse structure so although this feels great right now, I would be very happy to see this cool down now and get back to a solid structure....right now, the Wave 4 0.38 Fib is at $45.
Issac
2025-02-17 00:52:48 +0000 UTCHS
2025-02-15 18:36:22 +0000 UTCHS
2025-02-15 18:36:06 +0000 UTC