SamSuka
The Long Investor
The Long Investor

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$PLNT - RC -

Planet Fitness looks almost identical to the $SQ chart after bouncing at the bottom of its channel and about to test the top trend line shortly.

I suspect the same thing will happen to $PLNT as it did with $SQ and it will reject and pull back for support.

Where support is found will tell us all we need to know.

I have provisionally added in the impulse wave here but we need to see a pull back to at least where our Wave 2 level is now first at the 0.5 Fib at $60.

$PLNT - RC -

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