$ABNB timed this break out perfectly and has catapulted higher and going beyond the 1.618 Fib, fueled by the market euphoria and is now at the 2 Fib at $130
I have added in the amber fib levels to show where a pull back can come to for Subwave 4, with the 0.38 Fib as always being the target
Between $124 - $121 is a perfectly acceptable pull back range for Subwave 4.
I suspect tomorrow will bring some cooling in the market, so we may see some red and the start of the pull back for $ABNB
Pierre penasa
2024-09-19 22:39:58 +0000 UTC